AsimMirzaTrader

DYL - Buying Opportunity

Long
ASX:DYL   DEEP YELLOW LIMITED
DYL is looking good as it has bounced off the 200SMA which is also a good Support zone , and is consolidating currently. It has also broken the downward sloping trendine with high volume . I expect a swing higher with a target of $0.825 (potential 20% gain) with a tight stop below the swing low.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.