After finding support on the trend line on the 9th and 11th April, DYL has found momentum looking forward again.
Daily RSI STOCH RSI and MACD all pointing to positive signs for Australian based Uranium miner. This area of $0.375 - $0.40 is where accumalation is and is going to be a major support level in the future as it is now. $0.40 must break to see a major wave up.
Serious investors are often looking for that next batch of quality stocks to add to the portfolio. Finding quality stocks at a discount can be a tough task, especially with the market trading at such high levels. Many investors will be patiently waiting for a dip to get in on some researched names. Being prepared for any situation may help the investor make those tricky decisions when opportunities present themselves.