Looks good. If we are going for the D2 target at 0.135 this run, we need to bounce here off the D1 fib at 0.91 and make it our new support. If we do, we then D2 becomes an official technical target. Be aware though, that the 10c barrier is a huge psychological level than can take some effort too break.My personal view here is that breaking this level will require the next lot of Assay results to be positive, or an equally important announcement. Today's news is fantastic but not the type I would expect to build momentum, more to give us a decent price spike which we have.
If we drift back under 0.091 and close, this is not a bad thing as this is the technical norm. DRE chart needs to cool down a little with some churn of shares. This can be now, or at the next target of 0.135, but I it will be needed.
As always, fundamental adjustment ls take precedence over TA price action.
DRE Chart, page-1114
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.07M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $18.98K | 1.245M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 6908169 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 988553 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 6908169 | 0.015 |
11 | 2992523 | 0.014 |
4 | 1920999 | 0.013 |
5 | 3494840 | 0.012 |
2 | 2300999 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 988553 | 3 |
0.017 | 2838923 | 13 |
0.018 | 4066224 | 7 |
0.019 | 671119 | 6 |
0.020 | 2083248 | 9 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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DRE (ASX) Chart |