DRO 4.88% $1.72 droneshield limited

@naomhanYes.. charts evolve sometimes quickly sometimes slowly...

  1. oke
    3,339 Posts.
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    @naomhan
    Yes.. charts evolve sometimes quickly sometimes slowly ...just a matter of trying to ascertain where the pressures points are,, patterns within patterns on differing time frames, and what determines their end and whats next... is my approach anyway.
    The previous 72 R.line had 2 intraday peaks.. but at 76 we don't have that yet so Ive just 'pencilled it in' as a possibility but more as a double top possibility.
    I sense theres some opposing views as to valuation at this level.. quite evident in the chart... and usually one side wins decisively in the short term at least.





    Last edited by oke: 27/02/24
 
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