DML discovery metals limited

Good chance DML turns around today, although the gap down...

  1. 86 Posts.
    Good chance DML turns around today, although the gap down yesterday (Tues)morning is worrying.
    If it does, it'll be a V shaped reversal, rather than off a base, not that that's anything to worry about.
    I come to this conclusion partly because yesterday's close was at the day's trading midpoint, unlike the previous 6 days, which closed either on the days' lows, or virtually.
    Also copper moved up (a bit, again) overnight...and lastly, this price, for a producing CU mine with a future, is starting to look seriously ridiculous.
    Still, it's always good to wait for evidence of trend change, as those momentum guys say.
 
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