Still looking at DRO being in a sideways trading range, for a bit further. Still open to a deeper retrace to gap fill, from next week, or where i see the TRAD indexes with a possible macro right side top between 21st-25th JUNE. Looking from an equal wave structure if the gap back fill dosnt occur looking around start of JUNE for the next leg up. As posted previously, i see DRO continuing up when markets have topped, being military defence sectors will continue to receive government-military contracts with expanded GDP being spent by western governments world wide.Local RSI and STOCH on 4hr TF, may go into a coiling sequence and divergence while sideways range trading occurs for a bigger impulsive move to come. Safe trading NFA DYOR
DRO Price at posting:
$1.36 Sentiment: Buy Disclosure: Held
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