DNT is starting to slowly make moves again around the .5 fib around $.31. The shaded rectangles are just an idea that I had to see if the previous pattern would repeat itself.
Breakout = $.34 - $.39
If we pass previous ATH, then 1.618 fib would be the next major target.
*** NOT FINANCIAL ADVICE ***
Breakout = $.34 - $.39
If we pass previous ATH, then 1.618 fib would be the next major target.
*** NOT FINANCIAL ADVICE ***
Comment:
Another note: MACD flipped up on the 1D chart.
Comment:
DNT broke out but it's showing a lot of selling pressure in the high $.30's area. Let's see if we can hit $.40+ this week.
Comment:
So far the pattern is similarly repeating from the previous rectangle. We'll need a big volume push this week in order to fully validate this idea. If we fall back below $.31, then this idea is cancelled.
Order cancelled