DDD 10.0% 0.6¢ 3d resources limited

Big boys work off an average price and are not concerned about...

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  1. 1,780 Posts.
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    Big boys work off an average price and are not concerned about breaking even or losing a pip to test supply and buy more.

    Remember, there is a profit there for those who bought at centre point trade last week at 0.045 and you will also have some panicking and selling out at 0.005 because the directors took some money out from recent raised, which many only realised after quarterly came out.

    Volume are in line with what was sold down last week and just balancing out. Think you may see a few more sold at 0.004 and snapped up. Oppies are holding up very well, which would be expected seeing there are over 2 years before they expire.

    MACD still in positive territory but needs to tick up and looking for more direction from the market. RSI indicator flat, another sign of waiting and watching the market for direction.
 
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Currently unlisted public company.

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