DRO droneshield limited

DRO - Chart and TA., page-2753

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    The USD - DXY should continue its macro C wave down next week, some will attribute to Moodys down grade, but pattern sequence shows its heading to at least 93-94c before creating a reversal pattern sequence, still open to it going as low as 85c but will cross that bridge at later TF if to occur. The continuation of DXY falling will see a continuation into risk on sectors and behaviour. Its possible indexes back test the cross up of the 100-200emas on 4hr TF but will then continue almost vertically (smaller side ways range trading retraces) to a potential blow off top completing 21st-25th JUNE. Im looking at DRO from the sequence pattern, to continue to retrace and back fill GAPs at this stage, as seeing same move in a number of assets im following, in line with risk on and money rotation, possible completes retrace by the 27th MAY new moon, latest would be Monday 2nd June. One of the assets im following below DRO in the same sequence just ahead in PA NFA DYOR
    https://hotcopper.com.au/data/attachments/7007/7007539-00b624b885977ebbb7fd620932413076.jpg
    https://hotcopper.com.au/data/attachments/7007/7007554-7842fb27c97ee79a2280dc18d2112e24.jpg

 
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Last
$1.91
Change
0.100(5.52%)
Mkt cap ! $1.670B
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Price($) Vol. No.
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
DRO (ASX) Chart
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