re: dyl chart
I'm no whiz with TA but, for what it's worth, I too think that the daily chart for DYL looks very encouraging. The Guppy is turning up, as Spacebar says. Also, i have particularly noticed tht the Bollinger Bands (set at 2 Std Devs with a 20 day period) have constricted, which usually means a breakout in one direction or the other in the next little while. However, along with the Guppy, the MACD line is up over the signal line, indicating the breakout will most likely be upwards. A similar setup is occurring on the daily SMM chart too.
To me, it certainly looks very promising, but I'm often wrong. I'd be interested to hear how much others think one should rely on this chart reading at the present time.
Tez
I hold DYL & SMM, among other stocks. I'm very much the novice with technical analysis, so you can take my opinion with a grain of salt. Do your own due diligence and/ or seek expert advice.
DYL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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