DMR: Dimension Resources - Mining in South Africa

Investtech Update from yesterday:





Neutral (Medium term) - Dec 23, 2005 Analysis Explanation
DIMENSION RES. ORD 1P does not show any clear trend. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock has support at p 0.20. The poor liquidity of the the stock (traded 36% of the days, mean 0.04 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.