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Online Share Trading

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The turf battle

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David_L
Occasional Contributor
Any comment on the DRD supply/demand turf battle. The price has been fairly fixed over the last couple of days, with low sales volume. Is this because of a reluctance on selling side to go low, or reluctence on buying side to go high - or probably both. As posted R6.50 was a significant resistence barrier, but that line was crossed easily... any prospects?
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2 REPLIES 2
Not applicable
I am taking profit ....selling at 647....will reenter when we see momentum again
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ringo
Contributor
I think it will run soon, just building up steam. The calm before the storm. Maybe some minor pullbacks but should power its way to R7.50/R8.
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