DroneShield Limited

ASX:DRO

DroneShield Limited

ASX:DRO
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$0.720 (-0.7%)
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#21
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Reports (8) My Report Forum Investors
Forum Topics DRO DRO Bear Case

Pinned straw:
Saiton
Added 4 months ago

Another chart update Wed 17th July 24

So you need to drill down to the 10min chart to see how the drop is forming, and now you can see the usual ABC with C wave being 5 waves down. That takes it real close to the Blue Trend line I mentioned yesterday and the 61.8% before fib before we will see it start a bounce of some sought (i believe ).

9433224bd4133f4c95dbae5e9572605dcecbc2.png
mikebrisy
Added 4 months ago

@Saiton, might one possibly fundamental driver be that the market is now betting on a Trump Presidency, and therefore the breakout of World Peace in 2025?

14
Saiton
Added 4 months ago

I dont know, I guess. Thats just it when something goes well beyond the current fundamentals, its all guess work on what the market feels. The charts will show the mood though and we will all work that as it goes.

7