Friday 3 May 2013

DCD Media - About To Make A Move (3rd May 2013)?

DCD Media - Interesting TA


DCD Media (DCD) closed up  very slightly today but what caught my eye was the Technical Analysis (TA). However, before we look at that, consider the fundamentals (see below)...


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Posted by Mick_at_diy-investors.com at 18:12
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1 comment:

  1. Anonymous4 May 2013 at 10:03

    Hi Mick
    Looks good.
    A horizontal line draw at 1.63p form support on the 17th of Jan 2013 on a big fall day. The price holds until the support is broken on the 28th of Jan and form resistance.
    Price remains below resistance until 19th April 2013 when it is tested. Testing continues until the 3rd of May when it finally breaks through and remains above. Mirror image going up as comming down in passing resistance/support.
    A downward trend line was broken on the 17th April 2013 but price rose slightly until meeting resistance at 1.63p.
    Mick
    I like it and will invest on Tuesday.
    Many thanks
    Morgan

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