Hey there Scyb.
Currently you have a couple of things indicating a positive short term. And they are:
The SP is trading above the 8ema. Great first step.
MACD has recently crossed positive after a couple of months in the wilderness.
Each year we witness a Santa rally and the markets are generally joyful for a short period of time.
For balance I'll add the negatives I see from the daily chart:
The last 2 days have produced dojo candles which indicate indecision and they're not giving anything away in which direction they want to go. (traders hate dojo's.)
And like a worm poking it's neck out above the ground, you see today the SP spiked above the bollie median to test the atmosphere and immediately found supply (sellers). Trapped supply is going to be a concern on this one I'm afraid.(happens on most stocks that have heavily retraced).
Cheers.
DRE Chart, page-3154
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $60.04M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $47.05K | 3.056M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 9322053 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 855114 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 9322053 | 0.015 |
13 | 3448640 | 0.014 |
12 | 8441965 | 0.013 |
7 | 2710387 | 0.012 |
1 | 1500000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 855114 | 7 |
0.017 | 1755108 | 7 |
0.018 | 3230227 | 14 |
0.019 | 3114834 | 11 |
0.020 | 966319 | 7 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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