me again, dvn bull!, page-4

I did a bit of sniffing around.
I think there may be some legacy issues with respect to Leightons.
My big picture view was that Leighton would be taken over by its German shareholder (51%) and that Devine would be mopped up as they would not want the annoyance and expense of a tiddler building company on the ASX.
Hasn't happened though so sticking to the charts which, whilst they did perform in the ST, broke down into a bearish pattern.
SP currently testing the lows on the support Tine, a break will be challenging but it is doing a lot of work here at these levels.
If you had an appetite for risk, 24.5 would be a great entry level as this support tine should hold and at least be back tested if the SP passes through.
The other concern for me was the drop of in volume, on my last post I mentioned the increase in volume and price which seemed to support a bullish outlook but this has dried up, maybe in anticipation of the selling by Wal King.