DEV 2.38% 20.5¢ devex resources limited

Chart, page-413

  1. 130 Posts.
    lightbulb Created with Sketch. 85
    I like your charts kyngdominion. As they say, two brains is better than one, so below is my interpretation of the unfolding events.

    Our chart has been respecting the 21-day average steady rise from 0.1 (last cash raise) until now, averaging 0.015 of gains per week. This is a solid rise based on anticipation building up steadily as Q4 draws closer. There have been 2 bounces off the 21-day averages, and anybody who was waiting for a third this week was caught out with an 'almost but no cigar' gotcha moment.

    The trading range this week (excluding the burst of excitement on Monday) has been within last Friday's open/close range. This is a good sign as nobody wants to sell down below that 'scoop up' level of 0.27 (and anybody who does will be sad face within 24 hours as it spikes back up above those levels).

    Fib level looking good, spending a lot of time in the red which in this case means go.

    Steady march forward it seems, anybody who falls behind will not receive the same treatment as Private Ryan.

    https://hotcopper.com.au/data/attachments/2504/2504817-8e1a670b9574b3450882d77e4bd9de68.jpg

    Last edited by DBoy89: 25/09/20
 
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Change
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21.0¢ 21.0¢ 20.0¢ $101.7K 497.5K

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1 96628 20.0¢
 

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Price($) Vol. No.
21.0¢ 31423 3
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Last trade - 16.10pm 12/08/2024 (20 minute delay) ?
DEV (ASX) Chart
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