Diligent Boardbooks IPO

[winner69]

Candles give a different perspective than a line with just daily closing prices eh.

The 'yes it did' days in question did have intraday lows of 545 and 555 but closes of 567 and 610

So one way of looking at it 550 odd was actually support (as per your chart) but for those who only look at prices at the close 550 barely registers on the way down. There was that spike down at 567 and then a spike down to 540 a few weeks later.

When its 8 bucks again in a few months we'll wont enen worry about todays failure to break through a thing called resistance.

[winner69]

Interestingly DIL climbed 40% over the holiday break last year

Seems a seasonal thing. Maybe a couple of good broker reports and media coverage or maybe annual sharetrader exuberance

Don't know but interesting .....and indicates a bit more to go over the next few weeks as only up less than 10% so far this holiday break

6 bucks plus in a couple of weeks, maybe 6 bucks 50

C'mon BFG ....give it a go ....better than hoarding your Aussie bucks.

[BFG]

Whose said I haven't already bought?

[winner69]

Whose said I haven't already bought?

Sorry mate, misunderstood your earlier posts

Welcome aboard .....but keep the profits this time around.

Chart around 9 bucks could get messy

[Hoop]

.....

......When its 8 bucks again in a few months we'll wont enen worry about todays failure to break through a thing called resistance.

To be fair to DIL, yesterdays price rise to 550 was a large daily jump ..It rocketed up tested 550 resistance and failed the first time, so like you Winner I wouldn't assume 550 is the top..by "running out of gas" at 550 recognises the 550 resistance level is working and I agree 550 resistance should not be a worry with up trending stocks...up trends break resistances...

Recognising resistances when buying/accumulating up-trending stocks is of timing importance...(buy in/accumulate around support areas..wait(patience) around resistance areas)...A short term throwback to the 510 support and watch would be the plan (great in theory never works in practice..eh?)..With no Christmas cheer on Wall St and NZ$ up against the US$ today this would be the short term noise I would like to hear if I was thinking to buy the up trending DIL

Typical low volume holiday noise???....hmmm maybe,.. although yesterdays volume wasn't huge, it wasn't very low either and history has seen this latest DIL bull cycle with many rises on low volumes..somewhat typical for an partially "illiquid" stock of just under 87M shares issued.

Interestingly DIL climbed 40% over the holiday break last year...Hmmm that was a sudden rise too and then nothing more for the next 10 months

Disc: own none...but now watching with interest...(TA-wise ..should've got in at $4.25)..

[BFG]

nice tiny disclaimer there Hoopster

[Hoop]

nice tiny disclaimer there Hoopster

[JohnnyTheHorse]

Looks like we're having a crack at that small ~530 resistance that's formed, so we will be testing 550 again if successful.

[BFG]

See ya $5.50

[winner69]

See ya $5.50

And the big boys are still on holiday

Methinks 6 bucks next week