DRG Chart, page-2

First 2 Last

Share
Profile

Follow
retrac

2,922 Posts.

0

13/03/18

21:19

Post #: 31728526
Share

Originally posted by stotes ↑

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.

View attachment 1009003

Expand

Thanks Stotes.

Any re rate is certainly going to be news driven but good to know that the chart is set up technically. New ground with additional base metals targets would be nice however high grade strikes at depth should get the party started.

DRG Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

PL9

Prairie Lithium advances towards first production as commercial DLE unit arrives

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

AFP

AFT Pharmaceutical's multi-billion R&D opportunity

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

OMA

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

DBO

Diablo expands critical minerals footprint at Star Range

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

KLV

Klevo Rewards advances stablecoin strategy with credit licence acquisition

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

DRG Chart, page-2

Top Stories

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

Prairie Lithium advances towards first production as commercial DLE unit arrives

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

AFT Pharmaceutical's multi-billion R&D opportunity

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

Diablo expands critical minerals footprint at Star Range

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Klevo Rewards advances stablecoin strategy with credit licence acquisition

Featured News