DRO 13.5% $2.25 droneshield limited

DRO - Chart and TA., page-1429

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    The DAILY lr chart from 23/06/2016to the 8.4c. sp low on 24/04/2020, generated an UPPER channel range of  27c. (45c. - 18c. = 27c.).

    The horizontal extrapolation of the linear regression line is a FORMATIVE support/resistance level......and  also a HARBINER of  the bull & bear trap.

    Post 24/04/2020, key up side TP's/RESISTANCE tests are forward looking (extrapolated), and will be (generally) MULTIPLES of that 27c. range.

    These heady heights are too high (for me) .......but the best of  everything for those would dare to ride this 'beast' to higher levels.

    Cheers.

    dro_ax30may16_to_29oct25.png
 
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