The US crew achieved their objective IMO. They came in swinging, pumping and proclaiming. Got what they needed and disappeared. A few suggested early that it was suss.
Whilst some believe the hype, others rely on sound Technical Analysis via charting to make informed decisions. Other than a connection to Trump and nearology to MP - none of DTR’s fundamentals are at this stage “confirmed”. It is potential. US traders spike potential before reverting to their favourite trading method - shorting. Evidenced by the recent pump in the US to 20c and now faltering at close today circa 5.4c.
I would suggest that there is a far stronger likelihood that DTR reaches the next support level at 5.9c BEFORE any funding news arrives. IMO.
Add to My Watchlist
What is My Watchlist?
