I think it's because he missed it when he first saw it. That's the problem with trying to predict what prices will do, it's a futile method. Best way IMO is to buy quality companies, ignoring prior price action. Just because something goes up a lot there is ZERO reason whatsoever it should go down. Clearly the demand here is sufficient to offset any selling from profit takers, and I can't see any reason for that changing. Investors see great upside still and will buy up any weakness imo
DRO - Chart and TA., page-414
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Last
$1.95 |
Change
-0.060(2.99%) |
Mkt cap ! $1.486B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.00 | $1.89 | $27.90M | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65427 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 57000 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |