DKN 0.00% 79.5¢ dkn financial group limited

Chart Break upward trend recommenced.

  1. 111 Posts.
    The DKN chart has continued to uptrend following its break of the long term downtrend in September .

    The first resistance of 20c has been clearly broken and now forms the basis of a support line.

    The next resistance was at 22c and has been tested over the last few weeks 2 or 3 times which shows an accumulation phase and seems to have broken upward.

    This looks positive for a move to the next resistance point of 30c and a continuation of the upward chanel that has been formed since Nov 1.

    All this is came as a result of the company restructuring the board and management to the point that has seen the company make a first half profit,and see the options which expire shortly be totally underwritten guaranteeing the company a strong cash position to platform its growth from.

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Currently unlisted public company.

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