DRM 1.80% 54.5¢ doray minerals limited

34-36c was the retrace after testing the resistance of the...

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  1. 7,365 Posts.
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    34-36c was the retrace after testing the resistance of the recent ATH. DRM wasn't able to hold the gain at this level, however it stays in Weinstein's stage 1 where it was consolidating before the breakout. You can tell a holder has been cashing in for some profit, however fundamental like production output, weak Aussie dollar support the price held at this level.
    I lower my bid to be sold into, thus i am happy to get some at31.5.
 
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Currently unlisted public company.

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