Well as I am sure you are already surely aware, the chart continues to break down, upward momentum is lost and my wishful thinking support line is broken. We are sitting on a recent short term support, but if that breaks we are looking at 3.7-3.9c as next line of support. This chart is not a buy, it is a screaming sell.
A little concerning this week is the volume, on the daily our two biggest red candle days were our largest volume. Ideally you want to see drops into diminishing and not increasing volume. But the weekly volume is a little better in that regard and not looking all that ominous.
Nothing good to report this week.
DRE Chart, page-2605
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23000 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 767500 | 3 |
View Market Depth
| Last trade - 16.12pm 01/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |
Day chart unavailable