Charts are not that relevant for the long term investors. Let's suppose you are right, though neither you nor me know that now. The price dips below $1. Provided the fundamentals are strong, long term (say 5 years) the stock will be above $2 or even likely $5. Does it really matter whether the entry price is $1.15 or $0.90? That's why it's much more important to fihure out the fundamentals than trying to catch the dip. To me the fundamentals on DRO (both the macro and the company) ate currently extremely bullish. IMHO DYOR.
Long term holder's sitting happy, page-109
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Last
$1.33 |
Change
0.010(0.76%) |
Mkt cap ! $1.159B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.35 | $1.26 | $11.09M | 8.477M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16990 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 25422 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |