1 year downtrend breaking; Fan principle (3 minor waves from intermediate reversal point, each flatter than last) reinforces breakout along w/ HUGE increase in volume and squeeze momentum indicator show negative momentum decreasing about to go positive.
Fundamentally, renaissance technologies has a 4.2% stake and company has seen approx 75% increase in net income over last 3 consecutive quarters.
Fundamentally, renaissance technologies has a 4.2% stake and company has seen approx 75% increase in net income over last 3 consecutive quarters.
Note
DHX has successfully closed decisively above 1 year down trend, also broke above 3 fan indicating lowest of bottom since last major reversal point has passed; looking on weekly this very well could be last long term bottom.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.