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Is DRD getting for a run?

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ringo
Contributor
I know it is down today (R5.15 last time I checked). But looking at the price chart, looks as though the next move is upwards. What do the chartists out there think?
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3 REPLIES 3
SimonPB
Valued Contributor
well why do you think next move is up? Me, I see nothing except a dog of a gold mine.
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ringo
Contributor
Looking at the indicators, MACD mostly. To be more sure probrably have to wait for a few days until both RSI and the Stochastic show a upward inclination. This is the way I am reading it. Not sure if it is correct, thus the posting.
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Not applicable
indicators such as you mention are only useful in a trending market and DRD certainly isnt trending (in the short or medium term)
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