Hey
@curiouswon here are two charts, both daily (don't see a need to show a weekly here). The first is a close look at the past 18 months and the second takes us back to the previous all time highs.
View attachment 1239378
View attachment 1239441
In my opinion I'd say DOW is in the last of a long-term supply zone that formed back in 2010 when it was sold down, and a very similar sell down that repeated last year. I've marked what I believe remains of that zone with two white dotted lines. A close above $7.60 on strong volume will see this in blue skies, with little overhead resistance.
One level to watch is $8.28 (blue dotted line), keep an eye on price action from that point to identify any emerging resistance levels that could reveal itself between there and the all time high of ~$9.50. That said, given how long it's been since the 2010 all time high (marked with the solid white line) and subsequent decline, I think a lot of stale holders would have taken their money by now.
All IMO, the above is not a buy, sell or hold recommendation.
Cheers, Dan