yo @slicky boy,,, surprised to see you here to be honest.. what...

yo @slicky boy,,, surprised to see you here to be honest.. what bought you here?... was looking at this today, bought to my attention... this thread seems more off track than the IMU chart thread mate, tarot cards and all

opportunity starting to present it self here IMO... awaiting a clearer confirmation... May consider first entry soon... AS you know I prefer to do around 5 entries on average, just to be safe...

ITs obvious DRE is in a strong bearish sentiment.. but the 30minute month chart may be offering a first entry potential for those considering entry or even just considering averaging down if you have a long term view.. clear bounce of 2 cent support

A few charts for those interested:

last 30 days, 30 minutes...



6 month chart showing start of potential breakout of current down trend.


12 month chart... extremely bearish, but looks to have bounced of 2 cent support and could easy gain momentum back to the likes of 3-4cents in the short term..

From a 12 month perspective you have to admit its bearish as a stock can get.... but sometimes this is where opportunity presents, my favourite saying of buy fear, sell the greed... :

Bearish Trend Warrants Caution, DRE appears to be in a strong bearish trend. Both the 200-day moving average and MACD histogram are falling.

Strong Bearish Momentum. The 14-period Slow Stochastic oscillator is below 20, the level which many analysts call oversold. This means that investors have been actively selling shares and driving the price lower. However IMO this could soon be on the turn..

Today's volume was lighter than usual. The On Balance Volume indicator (OBV) shows that longer term accumulation has given way to near term selling pressure by traders.

Recent High Volatility Signals Potential Pause in Trend.. Bollinger Bands use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.

Personally I'm watching this keenly for a handful of entries... Seems extremely over sold...

Best wishes to current holders...