DRK drake resources limited

about to crack wide open, page-9

  1. 14,914 Posts.
    From a technical point of view, I like the way it didn't "crack wide open" when the support at 15.5c failed.

    Yesterday's selling looked to me like mainly smally fry. I could only see one biggish order that went through.

    It's also at the 68% fib level for the whole move so a move to at least 20c on a bounce seems pretty likely. It can't go straight down forever especially with such fundamental potential.

    It just looks like a bottome to me and things can turn around pretty quick.

    Well I hope it's the bottom lol!
 
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