Technical Summary: DGL has been one of the best performing stocks on the NZX. The stock has consistently found its way to new highs and has moved from $4 per share to over $8 over the last 5 years. This trend has continued on the 1 year chart. The stock itself is characterised by a lack of liquidity. This pretty much rules it out for short term traders but makes it suitable for long term holders. The stock at the moment looks like it is in the early stages of forming a base so it is not actionable at the moment. We would like to see this base continue to consolidate before hopefully providing a buying opportunity.