Hi Surat, mate IMO these are not double or triple tops according to the definite of technical structure. What we are seeing is a tight range that is squeezed between two ascending price points. IMO the chart is heading into a higher consolidation that high buy and sell volume lines create. The percentage difference is quite high between buy and sell and I think that is encouraging this pattern and its continuation until indicators can turn the corner sufficiently.
Having said that, a long consolidation often results in a breakout and that can be marked. I am expecting a break to the upside, hard to say when as we are building a higher base but it will probably be when we don't expect it. Usually how it works.
DKO Price at posting:
0.5¢ Sentiment: ST Buy Disclosure: Held
