DMN 0.00% 0.1¢ datamotion asia pacific limited

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  1. 3,506 Posts.
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    Eter,

    These things can be confusing,due to wild speculation.
    I only hold ORO and understand the trading pattern reasonably well.ORO held its ground and I dont mind if it closes at .003.Because then it would be over-sold and
    would bounce back to resistance at .005.And then continue on its somewhat boring way.But I do see ORO moving up to
    .007-.008 in the near future too.So maybe DMN will follow.

    DMN is harder to predict because it has 3.6BN shares
    and is more confined in its trading pattern.So cant
    say anything more than that at present.That 1 big seller as you say is a concern.But the sellers that followed just sold blindly without any valid reason.That happened with ORO 3 weeks ago.And there was no significant reason and fitted into the trading pattern,so wasn't concerned.Sell-off's have preceded upward moves before.
 
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