DRO 5.41% 78.0¢ droneshield limited

Yep seeing the same thing you are.Weekly looks bullish after...

  1. 224 Posts.
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    Yep seeing the same thing you are.
    Weekly looks bullish after closing the gap from the week 17th Dec as well as re-testing the downtrend it broke on volume.
    RSI beginning to trend up as is the MACD. Looking for a break of .20c resistance to begin a new trend.
    A Morning Star reversal pattern also evident in last three weeks candles.

    https://hotcopper.com.au/data/attachments/1420/1420032-c5f2403067fcc4ce8adbd56c820cd6ac.jpghttps://hotcopper.com.au/data/attachments/1420/1420036-0a5befd4c81b55ef614bceea7bfe0d53.jpg

    Good solid quarterly just released should see a net positive next quarter which will give another boost to SP and potentially a re-rate as future earnings potential can begin to be priced in.
    2019 could be the year DRO begins to establish itself and make some large contract announcements. My prediction is a large military order to Thales. "Thales will utilise and promote DroneShield’s products in its defence and security contractbids in Spain involving counterdrone aspects".
    https://wcsecure.weblink.com.au/pdf/DRO/02058434.pdf





 
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Last
78.0¢
Change
0.040(5.41%)
Mkt cap ! $1.116B
Open High Low Value Volume
74.0¢ 78.0¢ 72.0¢ $7.783M 10.28M

Buyers (Bids)

No. Vol. Price($)
2 3090 77.5¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 123271 6
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
DRO (ASX) Chart
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