DRE Chart, page-3024

Sorry to bother you all again so soon. I just could not resist countering the negativity stating today that DRE is no good because TY is a dud.
So "savvy holders" were selling based on the failed geology of DRE projects and so on...
Really?

I ran a volume analysis on the intra-day chart today and note that there may have been some selling based on the theme TY is not going to show any results until well into 2024 and even perhaps 'some technically skilled investors' think TY is now downgraded. That is a theory that may explain some of the selling in the first hour this morning. That is, along with, investors that wanted progress this year despite the warning Dean provided about the break-downs and bush-fire they had to dodge. And yes they did not get there as early as hoped due to drilling logistics (team included) focused on getting the REE drill out sorted to an acceptable degree.

So we get to the second hour and "strangely enough", despite higher volume, the buying (by fools?) muted the price fall.
The next 4 hours proved the selling panic was indeed over. In fact, three of those hours saw mopping up at bargain price levels (if DRE does have real prospects and valuable tenements) that closed the hour higher than the open. These hourly bars have a tail indicating the buying was closing each hour above the lows. Here is the chart analysis for today with some notes:



DYOR and GLTAH and DRE
CW