DTR 0.00% 1.1¢ dateline resources limited

DTR Charting Thread 2021, page-48

  1. 4,576 Posts.
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    DTR has been one of the hardest charts I have ever attempted. It has no technical edge, no moving average edge, no pattern edge whatsoever. I personally feel that move has done nothing beneficial to the stock. It still acts liek there's 8B shares on issue.

    It's a real shame. I liked the F/A being close to a Gold Producer with little debt, cash on hand and a Top 20 with skin in the game however the T/A completely failed me and I have been 100% wrong on all my thesis for a LONG !! Sorry all! They played us ALL! eek.png

    Below is a monthly chart,
    supply has been decreasing (red volume candles) so we are yet to see BUYING Green Candles (or profit taking volume). Either way, the 9c capital raise they mustered up has so far not resulted in a single percentage of profits for them, including Stephen Baghdadi who has a 6 figure position size in it. In fact they are ALL technically sitting on a LOSS.

    MONTHLY CHART shows a DOJI REVERSAL yet month has not yet closed! I would suspect a reversal could be on the cards. DTR IS CURRENTLY -57.84% OFF ITS HIGHS of 20.5c with drilling and further news coming in December. Still not a reason to be buying until the stock finds a base.

    Many companies do a C.R and go below it, without shooting back up. They do it for accountancy and tax purposes at the expense of holders which IMO should be criminal but it happens. Not sure DTR's motive here.

    I feel this DOJI Monthly Chart Update was needed! Good Luck Holders! My sentiment remains a SELL. SO far it's all been accurate there

    https://hotcopper.com.au/data/attachments/3804/3804455-d5f501d3d18d341a9536a9049f013f36.jpg


 
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Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $15.98M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $63.43K 5.693M

Buyers (Bids)

No. Vol. Price($)
6 1510099 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1392700 1
View Market Depth
Last trade - 15.50pm 03/05/2024 (20 minute delay) ?
Last
1.1¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
1.1¢ 1.1¢ 1.1¢ 1846633
Last updated 15.49pm 03/05/2024 ?
DTR (ASX) Chart
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