Figured we could start a charting thread as there doesn't seem to be one on DRG.
I noticed that the 100 day SMA (pink) is about to cross the 25 SMA(green) and is nearing the 50SMA(blue). %R is showing borderline oversold, bollinger's are starting to tighten and this is the longest period DRG has gone without news since May->Aug.
I would assume most of the traders and overhanging stock has been mostly absorbed by this point.
Technically DRG is in good standing with the potential for a golden cross on the charts, combine this with substantial news (large strikes at depth + additional ground being acquired or even targeting other minerals such as cobalt/vanadium) and DRG could be heavily re-rated.
Figured we could start a charting thread as there doesn't seem...
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Last
$1.30 |
Change
0.035(2.77%) |
Mkt cap ! $1.663B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.29 | $7.171M | 5.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12246 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 87400 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |