I'm personally not thinking that it's day traders fooling around actually @mardern - I suspect that it has more to do with the trading action back from the 31st August and comparing that with previous resistance areas of $0.069 and $0.062. I've received a few queries about this stock at our Facebook page (ASX Traders United) and just released a YouTube video about this with some chart analysis. Looking through the recent comments, I align with @McKhenry who stated that "pushing through 6.4c with strength will see a technical buy". It's not a buy at these levels IMO.
DRE Chart, page-2825
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Last
2.1¢ |
Change
-0.001(2.33%) |
Mkt cap ! $76.02M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $53.12K | 2.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6536997 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 440724 | 3 |
View Market Depth
| Last trade - 12.24pm 31/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |