$35. resistance level & history lesson
---trend reversal on going with the break of $32. level, but the $35. level also has to be breached for confirmation.
---GIB.a in comparison has more work to do than DH as GIB.a hasn't broken the downtrend yet, but if an analyst on BNN says to watch for comparison I take notice as this person has the power to move a stock's price a lot more than you or I.
---if you don't believe me construct a comparison chart between DH & GIB.a & you will see that up to Oct./2015 they paralled each other (even by declining 10% together) until DH took a header & dropped 10% (GIB.a kept on rising until Apr./2016), recovered marginally then dropped another 10%, almost got back to square one, but dropped 20% & is still recovering from that whereas GIB.a has kept on truckin' until Apr. this year when both corrected again with DH recovering slightly better than GIB.a so far!
---very choppy history & poor integration/execution performance.
---if they can reverse the loss of contract renewals good on them, but if not then that puts the business model in doubt. Maybe fintech disruptors have passed them by on the way to marginalizing them.
By the way I am long DH, but as I do with all my investments I purchase puts to protect to the downside when I perceive undo execution risk.
carlos