“I would also tend to agree with @geemuses comment that for every rise there is a pullback. As a technical analyst, this is expected like night following day. When or why matters not, just that it will come. Without a pullback we run the real risk of massive share price retracement and difficulty in keeping long term gains. To think otherwise is unrealistic. The last thing I want to see when I pull up a DRE chart, or any chart I am interested in, is a continuous rise without a pullback. That a technical alarm bell in my opinion.” - From@Zior who really knows his stuff.
You show little understanding @thecurve of the market. There are fundamentals. The state of the US market had little to do with yesterday’s performance of DRE. If the ASX had crashed heavily across all sectors, yes. It didn’t. DRE retraced as it should and looks like consolidating around $0.10, Plus or minus $0.05. If it goes no lower it is an excellent outcome and solid base for further rises should there be more outstanding news. Enjoy the ride @thecurve even if it might be a bit slower than you seem to wish.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.72M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $95.75K | 5.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2207951 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.016 |
22 | 4759364 | 0.015 |
11 | 4255951 | 0.014 |
5 | 3402088 | 0.013 |
2 | 1083416 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1969856 | 7 |
0.018 | 1470997 | 9 |
0.019 | 1003943 | 7 |
0.020 | 1050803 | 7 |
0.021 | 566692 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
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Change
0.000 ( 6.06 %) |
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Open | High | Low | Volume | ||
1.6¢ | 1.7¢ | 1.6¢ | 3383255 | ||
Last updated 15.54pm 03/05/2024 ? |
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DRE (ASX) Chart |