Not much of a chartist
but i believe the following daily chart indicates we have a bullish engulfing candlestick pattern forming;
The bullish engulfing pattern indicates a potential reversal of investor sentiment and is suggestive of a stock having reached its minimum value over a given time period. Consequently, the stock may experience an upward, or bullish, movement. The bullish engulfing candlestick pattern is a powerful strategy for trading bottom reversals (https://investinganswers.com/dictionary/b/bullish-engulfing-pattern)
Also the monthly technical indicators look very strong
DRE Chart, page-372
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.54M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $46.26K | 2.625M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 6440052 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 400524 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 6440052 | 0.017 |
33 | 8296305 | 0.016 |
29 | 7575538 | 0.015 |
11 | 2863326 | 0.014 |
5 | 1790730 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 400524 | 2 |
0.019 | 2864425 | 10 |
0.020 | 3638581 | 14 |
0.021 | 1031047 | 7 |
0.022 | 976592 | 4 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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DRE (ASX) Chart |