After the gap down in June this year DCN has been forming higher highs, higher lows to form a resistance at $1.10. Due to the increase in On Balance Volume (OBV) up to the second point at $1.10 one may consider positions on the break of $1.10. The potential target is to fill the gap at $1.55
![](https://protradercharts.com/wp-content/uploads/2019/10/dcn-stock-report.png)
Stops will be at $0.93