DEV 7.14% 13.0¢ devex resources limited

Chart, page-1649

  1. 78 Posts.
    lightbulb Created with Sketch. 45
    Love the charts on this thread. Some great analysis done.
    My take is that seeing the directors have all just taken more stakes the news might be a while away. This will inevitably make the price drift down as people move on and sell for all sorts of reasons. I am thinking 45c is a good support line to hold and bounce off and just around where the Directors were accumulating.
    IMO though there could be some good news coming in a few months which is why those directors have bought early to not look suspicious at all.
    So this is my take on where the price movement might go. All IMO as i am not a chartist and would like to be totally incorrect because i need this one to go over previous highs asap.
    https://hotcopper.com.au/data/attachments/4266/4266479-a2e4d7d275b6913de36be5df648eb662.jpg

 
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