DRE 6.98% 2.0¢ dreadnought resources ltd

DRE Chart, page-3405

  1. 14,062 Posts.
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    Here's a very long term chart from exactly one year ago today. It's a weekly chart, the most important time frame chart for loooooong holders IMO. Hope this wasn't the long term outcome you were wanting because the chart I posted that you commented on sure did reflect that.
    Just gotta put that behind you now and work out if your tied up capital value has a positive outlook or more of the same?

    https://hotcopper.com.au/data/attachments/5921/5921924-a1141b94a675723a621b0adacb68f085.jpg

    For DRE to really fire IMO you need a reversal of the sector index which has been raped and pillaged for a while now. Get the sector motoring again and watch the funds flow back into the sector. Keep an eye out for candles printing above that red 50ema in the first instance. Just need to end the downtrend badly or funds just continue to flow into other sectors unfortunately.

    https://hotcopper.com.au/data/attachments/5921/5921958-fb00dc58d47d252f260bcd172e7ff386.jpg

    Cheers
 
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