Original analysis posted here if you want to refresh.Fundamentals continue to strengthen. Technicals look fantastic, I believe we are about to break higher.
Hourly
The hourly wants to run, but perhaps after a brief retest of 0.100 allowing the green w5 to dip down and springboard off the yellow e21. The w5 may not dip, it might just crack on with it. The key here though is the blue e100 has crossed the red e200 - a strong bull signal (even though it's only on the 'weaker' hourly chart).
It is my opinion that people who have sold thinking they will get a lower price because of the CR will be disappointed. I am expecting some movement as per original analysis linked/quoted above. This short term time frame indicates we are at the tipping point. Enjoy the next few weeks folks, we will likely retest and make new highs in my view.
DRE Chart, page-1624
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $63.46M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $18.14K | 1.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1696568 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 806086 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |