We have now tagged our D1 fib target at 0.091. Well done to those who took it. In normal conditions, I would now expect to see the share price cool down and retrace to support and rest for a while. This may not be one of those situations, but if it is, let's be happy that technicals are being observed, because the Long term tech picture is up.The better and more positive option now is to that we push through 0.091 and then use it as support. This will be confirmed with a retrace and bounce off the 0.091 level. IF this happens, then we can put a valid D2 Tech target on the table - that of 0.135. But note that the company fundamentals at the moment *may* not validate that Market Cap. This is the just a technical target, and at the top, the Tech target is often above the value of the company. Fundamentals always take precedence.
For today and this weeks end, I would love to see a close a few points above 0.091. Either way I'm stoked we have competed this fib move so quickly. It's a good indication of momentum and strength.
DRE Chart, page-1102
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.92M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.8¢ | $79.68K | 4.201M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 598691 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 427798 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 648691 | 0.018 |
12 | 2542934 | 0.017 |
19 | 5936284 | 0.016 |
34 | 7510164 | 0.015 |
8 | 3209069 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 587656 | 6 |
0.020 | 3110029 | 9 |
0.021 | 4404522 | 12 |
0.022 | 552500 | 3 |
0.023 | 1100000 | 2 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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DRE (ASX) Chart |