DEG 1.39% $1.07 de grey mining limited

Chart - TA, page-3868

  1. 2,681 Posts.
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    to me it's definitely in a sideways band / trading channel, and we're currently in the middle of it. Generally speaking, stocks that do this for as long as DEG have often break out, quite dramatically, to the upside. I strongly believe it will happen here.
    Since the initial discovery there has consistently been buying support and we are getting to the point end of it all now.

    https://hotcopper.com.au/data/attachments/6019/6019614-21f11e64c0f96c8cc6c86b84bcae5235.jpg

    I recently wrote that the gold price has done a similar thing.
    A recent example that comes to mind of a stock doing this is BOE. A long consolidation moving between $2 to $3 before a huge run. Granted that coincided with a move in the uranium price, but similarly gold is doing the same.

    https://hotcopper.com.au/data/attachments/6019/6019633-513070ae0b7f05d3f5d56b47a8256570.jpg
 
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Last
$1.07
Change
-0.015(1.39%)
Mkt cap ! $2.552B
Open High Low Value Volume
$1.07 $1.08 $1.06 $7.839M 7.338M

Buyers (Bids)

No. Vol. Price($)
2 12531 $1.07
 

Sellers (Offers)

Price($) Vol. No.
$1.07 346149 6
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
DEG (ASX) Chart
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