Stock Alerts

DCN has held a higher low so a new leg up is building

Posted on by braden
09
Aug

Potential Buy Alert

 

DCN – Dacian Gold Limited

Stock : DCN – Dacian Gold Limited

Current Price : 2.19

Status : On watch for higher low

DCN is showing some great potential for a new leg higher. Price action has built a higher low around 1.80 after a low of 1.50. We are now on watch for a push through 2.22 followed by contraction lower to build an inside higher low. From this we then expect to see an accelerated move up through 2.60. The buyers still have some work to do so we will watch the action play out for now.

braden