DPLS rallied hard over the summer and made a series of higher lows starting in late July before making a double bottom on 8/9+10/27. DPLS consolidated for a couple weeks before breaking above the .23 fibonacci level (.098) and bringing us to the most recent candle, a broad green candle that closed above the .5 fib level. The most recent candles tested the down trend line (weekly) and closed just under it.
The ADX is showing a growing trend (in its early stage) and the 9ema recently crossed the 20ema.
Technical indicators on top of a positive SH meeting look to be lining up for a strong move to the upside.
Targeting: .28 in the short term.
The ADX is showing a growing trend (in its early stage) and the 9ema recently crossed the 20ema.
Technical indicators on top of a positive SH meeting look to be lining up for a strong move to the upside.
Targeting: .28 in the short term.
