DRE 5.88% 1.6¢ dreadnought resources ltd

Hi all, the chart is doing what I said was likely back on the...

  1. 567 Posts.
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    Hi all, the chart is doing what I said was likely back on the 8th September.
    "The P lines are targets now but note that price could run down the top of the green OHR line because that is just how they work. "

    Price is drifting down on top of the OHR line as support now and Money Flow has not pulled back. This is positive. I have watched pretty equal selling and buying as new hands soak up stale or distressed sales. That might just be rotation of capital on behalf of sellers as well. Money never sleeps. It is bullish that that OHR line is now Over Head Support so it's OHS at this stage at least.

    All the reports are just excellent as Dean and the team have done a great job. They are aware the momentum is currently lost as I chatted to Dean about it. The drilling coming up is where the excitement could return and I think that is a firm probability. Nothing to be alarmed about in this crappy market. DRE look great for an explorer.

    DYOR CW
 
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Last
1.6¢
Change
-0.001(5.88%)
Mkt cap ! $60.04M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $3.589K 224.3K

Buyers (Bids)

No. Vol. Price($)
18 3427901 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3447661 14
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
DRE (ASX) Chart
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