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Online Share Trading

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Still money to be made? Longing DRD or too risky now?

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James15
Contributor
Hi - I made nice profit on DRD ssf - it could have been more but i got a bit greedy and was burnt.. anyway i just want to know whether or not anyone thinks it worth getting back in at this level (going long) or is the volatility of the market making it too risky at the mmoment. Thanks.
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5 REPLIES 5
LogicNvest
Contributor
Hey, I am wondering the same thing, lost a lot of money yesterday, recovered some today but I closed out my position today just in case.
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Not applicable
this is only the start if u in shares long and medium( looking good my view )
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Wumpus
Frequent Contributor
I agree. Medium/Long term this should do well.
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MJ_1
Occasional Contributor
If you know anything about technicals, DRD is in a bump and run reversal, that means you need to wait for it to close above 640 or so, otherwise the trade is too risky
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Wizard
Super Contributor
It takes out the new high and it will fly>>>Too risky for my money...I'll wait for any pull back(if any). Those that still hold> Good luck
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