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.
DKN Price at posting:
0.0¢ Sentiment: None Disclosure: Held
