Thank you Jess64 not much love from chart posts as they are always speculative. Art not science and so on. Yet one aspect of Mandelbrot chaos mathematics is "self-similar". So I took this first shot of the harmonics of DRE as an explorer riding grinding risky work and market sentiment.
Yes, look at the chart "can't save itself" and so on. That is the current stage and look at the similarity to the current phase:
Does this not look familiar? How do you think many retail investors, larger ones and the staff felt at this time? What work did they have in place to move the dial and how many shares and what ever negativity was pointed to at the time. Then what happened?
Oh wow. Looky looky. Capital is capital and value is value. Sentiment swings. Self similar works I have used it in modelling since the 1980's in hand prepared charts up walls at my home. Is this our future in DRE? Look at the recovery to form that huge pan formation after the base. Gold acts the same FYI.
One of the largest carbonatite structures in the world? Prot rocks just rubbish as Is Always Negative used to say? Mangaroon is a gift that keeps on giving. Gold discoveries exist outside the greenstone belts and discovery takes time. Hence the base formations. Funny I sent a note to Dean telling him all the hard work was about to be rewarded - but did not know where it was coming from. Then the ann and a change in market depth behavior and the current testing around 1.8cps. I am keen to wait and see...
GLTAH CW
PS I have used harmonics extensively in my work. One has to be careful with it. The work is being done to make the right pattern play out.
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