DLS 0.00% 69.0¢ drillsearch energy limited

smart investor

  1. 6,767 Posts.
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    There is a chartist take on DLS in the August issue of Smart Investor magazine. Just browsed and read it in the newsagent. Basically, the chartist believes that there is a possibility of a pullback to 10.5-11.5 cents range which represents a strong buying opportunity before its next upswing towards 25 cents with a potential towards 45 cents and possibly even higher. Yep, basically, this stock is poised to charge on and on!!! However, the chartist did state the risk is a drop below 9.5 cents which I personally believe will be minimal with the recent oil discovery.

    Good luck to everyone who holds.

    Cheers.
 
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Currently unlisted public company.

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