DNT: Making Moves

Theo LA_Designer
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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 ***
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Another note: MACD flipped up on the 1D chart.
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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.
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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.
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DNTUSDCTrend Analysis

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