10c - 10.5c is a key level and each swing is worth 5% to a trader. If you can do it 4x which i have this week, then you make 25% or there abouts if you compound higher with the proceeds each time like i have...
I wouldn't normally do that as i'm a watch and then invest and then sit on it investor. Sometimes i might have a core holding and a tradable holding for when i evaluate a stock to be undervalued and enter. I am in the middle of a property deal and i had the cash sitting there - pretty risky but i had a fall back plan if it dropped into the 9s. Made $4300 this week. That's peanuts to some and it wouldn't work out all the time, it's just that DRE are making so many positive announcements and there is heaps to come that the lower price risk would just mean you need to hold til it comes back.
I have been in DRE for years...
All IMO.
General Discussion, page-627
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $63.46M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $18.14K | 1.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1696568 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 806086 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |