Short Term Trading - Week starting: 19 Jun, page-71

STTCOMP DGR, TA Long

(ASX: DGR GLOBAL LTD: DGR )
SP: 14c
MC: $68.46Million
www.dgrglobal.com.au

Since February shares in DGR have been trying to breakout, however each time that they have hit near the resistance zone, sellers flooded them and overwhelmed their attempts. As time passed a new support zone has been created around mid May which is appearing somewhat Bullish. This is based on the absorption of supply and the increasing trading volumes that have been occurring. Todays trading was Bullish and if this continues then a share price re-rate is possible.



Please DYOR as this is not a buy or sell recommendation
Cheers
GF