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DVN - Divine Ltd.- Devine divident play

Chart Forum » Stocks - ASX: short term (strictly TA) » Archive through 2004 » Archive through October 08, 2004 » DVN - Divine Ltd.- Devine divident play

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hershy
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Username: hershy

Post Number: 465
Registered: 10-2002

Rating: N/A
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Saturday, October 02, 2004 - 06:35 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Going ex div 4 cents in a fortnight. Has been moving up in 7 cent steps.
Appears to be poised to take next step but this will be delayed by the divident payout.
Based on strong steady weekly trend, I would expect DVN to quickly recover (2 weeks ?) and take the next step which, incidentally would take it past 2 previous highs.
This is possibly a 12 cent play in a 78 cent game.

chart


Be nice to your kids. They'll be choosing your nursing home. And if you think the above is advise, you may not be able to afford one !!!

 
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