DRG draig resources limited

DRG Chart

  1. 3,283 Posts.
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    Figured we could start a charting thread as there doesn't seem to be one on DRG.


    I noticed that the 100 day SMA (pink) is about to cross the 25 SMA(green) and is nearing the 50SMA(blue). %R is showing borderline oversold, bollinger's are starting to tighten and this is the longest period DRG has gone without news since May->Aug.

    I would assume most of the traders and overhanging stock has been mostly absorbed by this point.

    Technically DRG is in good standing with the potential for a golden cross on the charts, combine this with substantial news (large strikes at depth + additional ground being acquired or even targeting other minerals such as cobalt/vanadium) and DRG could be heavily re-rated.

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