JSE:DGH Time for a Rest

By SteynTrade
After starting to follow Distell early in December 2020 the stock has made good progress from R100 - see posts below following the progress. However, last week there was a high volume spike above R140 pushing it back below this level. This could indicate a time for the stock to form a trading range with some profit-taking holding price back. We will have to watch how this plays out to see if it is an accumulation trading range.
DGHjseSupply and DemandSupport and ResistanceVolume IndicatorVolumewyckoff
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