I'm personally not thinking that it's day traders fooling around actually @mardern - I suspect that it has more to do with the trading action back from the 31st August and comparing that with previous resistance areas of $0.069 and $0.062. I've received a few queries about this stock at our Facebook page (ASX Traders United) and just released a YouTube video about this with some chart analysis. Looking through the recent comments, I align with @McKhenry who stated that "pushing through 6.4c with strength will see a technical buy". It's not a buy at these levels IMO.
DRE Chart, page-2825
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $77.28M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $69.08K | 3.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1765782 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 286363 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |