DCN is on the move and set to accelerate higher

New Buy Entry Alert


DCN – Dacian Gold Limited

Stock : DCN – Dacian Gold Limited

Current Price : 2.18

New Buy Entry (Trigger Level) : 2.27

Potential Sell Exit Zone (Stop Loss) : 2.02

Status : On watch for buy entry trigger

DCN has spent a lot of time holding a higher low around 1.80 after a washout down to 1.50. We see higher lows holding and the potential for price to accelerate higher. Happy to buy at 2.27 with risk at 2.02 and target through 2.60 to 3.50. If price pushes lower through 2.08 prior to entry then we will re-assess the price action.