DRO 1.30% $1.56 droneshield limited

DRO - Chart and TA., page-421

  1. 15,369 Posts.
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    I didn't say you were downramping. You posted your view which is fine but I responded with mine. You're entitled to think the way you do regardless of your intentions, I'm not going to put you on ignore or anything for having a differing opinion but I will certainly respond and address any flaws I believe exist in your argument. You expect a major sell off but I believe you are incorrect in your thinking due to the fact that this rerate is completely justified by the improvement in the fundamentals and the current macro situation IMO, and so there will be plenty of demand to offset any profit taking. I've seen it plenty of times before, a stock will rally several hundred percent in a very short amount of time but won't sell off after as there remains plenty of demand to offset the selling. Usually ends up flat lining for a while near the highs and then goes for another big leg up
 
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
DRO (ASX) Chart
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