Thanks guys, good to see some charts on the 'chart thread'. And also I was looking at both short and long term charts yesterday and concluding the same.
I'm pretty much at my max for DRE now, but as for a buy signal for a medium term play-- using the daily with whatever indicators you use for the reversal for the trigger - the divergence is there on the weekly, and, as you said, could lead to a big move. I'll put up another chart perhaps after Fri close for interest.
Naturally it will need fundamentals (ie announcements) to drive it through that 8 resistance imo.
DRE Chart, page-2205
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Last
2.7¢ |
Change
0.006(28.6%) |
Mkt cap ! $94.85M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.7¢ | 2.1¢ | $578.6K | 23.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3235392 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1120917 | 5 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| DRE (ASX) Chart |