DRE 28.6% 2.7¢ dreadnought resources ltd

@ZiorNice.I tend to be in and out so I've been drawn in by the...

  1. 303 Posts.
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    @Zior

    Nice.

    I tend to be in and out so I've been drawn in by the nice weekly chart as well (which is my longer-term chart as opposed to the monthly with you). As you were saying, it's a textbook technical trade if you're looking at the weekly chart (which I am and am targeting the upper bollinger which is that 15.5-ish point that you identified with your indicators).

    the daily had reached its channel line/bollinger so yes a bit of a retrace to be expected there. I'm planning to get in once that's happened, maybe at the 3 day EMA or the 11 day EMA, (which are at 11.49c and 10.42c respectively at the moment). Assuming that the strength that the weekly is currently showing continues to stay there.

    I do like that weekly chart though.
 
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