My $1.13 level looks like it could be a bit of a sticking point for the DLS share price. Nordesmic got the call right when he reviewed this stock on his last chart presentation. He predicted the price would run up in a channel of the back of Sevens interest. He also compared his prediction to a similarly sloped channel he identified in the past chart. The only difference is that that previous channel was the result of the Santos earn in announcement when oil prices were buoyant. I'm sure even Nordesmic would agree that Seven buying shares during a depressed oil and gas market doesn't compare with importance of Santos' earn in announcement at the time.
Struggling to see much profit from this level, but I'll hold for longer. There could be an improbable surprise coming, but I doubt it.
Eshmun
DLS Price at posting:
$1.13 Sentiment: None Disclosure: Held
