Well another great day for the holders of DRO.
I will put up another couple charts to help us understand where we might be heading.
The Weekly chart looking very nice..the volume imbalance has had some pipe layed over the top,and now price is biting into the fvg D chart..expecting this to fill relatively quickly.
This brings us to around $2.40 & the start of a rather large wick...how do we deal with wicks & what is the meaning of all this?.
Well wicks are the same as fvgs,as you can see below the wick has been graded into 4 quadrants..the CE of the wick comes in @$2.56...I would fully expect price to bite into that soonish.
IF we break it down to the 15M CHART we can see that is pretty much plain sailing to about $2.50 imo.
Interestingly...if I take my Fib retracement tool and project it 1.25 we then have a result of +$3.00(12 month chart).
*Not investment advice...shouldnt be seen as such..ive got no idea.
(20min delay)