Dredging Corp indicating formation of a very long term triangle pattern.
It has been a slow performer since many years and the chart pattern is a month based timeframe chart.
Volume in the recent move has moved the price up and seem to be forming that triangle pattern. Should cross the levels of 565 with decisive volumes and sustain to see some good move.
Up levels after crossing those levels are 660 and with correction and taking supporn the the downward line can go for levels 661-778-886-984-1193.
No recommendations, just view on the chart based on chart pattern.
It has been a slow performer since many years and the chart pattern is a month based timeframe chart.
Volume in the recent move has moved the price up and seem to be forming that triangle pattern. Should cross the levels of 565 with decisive volumes and sustain to see some good move.
Up levels after crossing those levels are 660 and with correction and taking supporn the the downward line can go for levels 661-778-886-984-1193.
No recommendations, just view on the chart based on chart pattern.