DRE 0.00% 1.7¢ dreadnought resources ltd

Ann: Thick High-Grade Niobium Intercepts, page-112

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  1. 843 Posts.
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    Lots of liquidity built below the lows now likely to be taken out. Don't be afraid if price taps into 0.014-0.013. Strong reversals normally require liquidation first. Not trading this one but if I were I would look for a swing trade after this liquidation then a BOS. Look for rejection candle with high vol. Institutions manipulate price to these levels to use stop loss sell volume to buy.

    https://hotcopper.com.au/data/attachments/6436/6436865-d73401007d609f7d75e2374e7ca674f5.jpg
 
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