DOLPHIN International shares were mostly range-bound, flirting at the historical low of 36.5 sen for nearly four months attempting to build a base for recovery before jumping in the wake of fresh buying momentum yesterday. Apparently, the stochastic and the 14-day relative strength index are ticking up. Combined with the latest buy signal on the moving average convergence/divergence histogram, they suggest a steadier trend ahead. Initial resistance is expected at the 48-sen mark and a clear breakout of the uppermost 200-day simple moving average of 54 sen will see the fortune of this counter changing better.

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