DJWTrading

DJWTrading Updated 

DCN seems to be just plodding along here after its HUGE CP. I think we're in for some action, and I'm hoping its to the upside. Just from the charts we can see there is definite descending triangle which is usually a bearish continuation sign. But we are making lower highs and slightly lower lows, therefore that could be seen as a falling wedge bullish reversal....

DJWTrading Updated 

5 month bearish trend broken Recent breakout from support wedge OBV, MACD showing bullish interest Support at low 0.7c proved strong Short selling also weakening GXY during March 2020 became debt free and ready for growth. A bounce off the SMA should hopefully pave the way into a new bullish trend. First published idea, go easy.

DJWTrading

Two options....imo 1. Move sideways briefly to where the trend and resistance line meet and then gap up to low 0.40s and float back down to rebound again off the trend line. 2. Will immediately gap up to low 0.40s With different indicators it seems to be comfortably bullish. Solid trend line confirmed, making higher lows. Support and resistance...

DJWTrading

Short term rally? Steady rise to resistance following a short term bullish trend. Primed for popage? A breakout above the 0.23c resistance and bearish trend line could signal a reversal. Low liquidity will more than likely cause a spike in SP as has previously done. OBV, MACD looking good. Possible opportunity for a quick day trade or a swing trade over a few...