@VillageTraderZA Cheaper than the bag its packed in?Question Is the package cheaper than the bag its packed in? DRD took a massive hit. but looks like its found some support at the 200 week EMA.
DRD trade ideas
DRD GOLDWe finally have a Breakout, Brace for impact 🚀🚀🚀
Long-term Investment Idea
#NotFinancialAdvice
#DYOR
drd goldGold generally is taking a beating
but if we can a STRONG BULLISH CLOSE candle this month or anytime sooner to prove to us that we have a strong support thats being respected.
We go long or wait...
BREAK OUT ON DRD is a Rally the breakout on the channel we will see a new rally on the share price the test can continue further as indicated on the support that can be a good buy before the breakout
DRD Long DRD pullback of share price close to bottom
Final chances to Add to portfolio on dip in Gold due to easy Fiat Currency Stimulus?
Bull markets for gold in the next decade AAA+
DRD consolidation phaseDRD about to complete its consolidation phase
wait for break in the resistance trendline
also reverse H&S about to complete
Summer Play #1- Broke out of a downward channel
- RSI has bullish divergence
- Stoch RSI is bouncing off of 85 and looks similar as a run in 2019
- Golden cross on the 1W MacD
Im long!
DRD signals When comparing with the Gold price , both US$ and SA Rand the contraction on DRD Looks overcooked and therefore a small run on Gold price do bring some gearing . The company is low risk production , Surface sources making the corvid risk less prevailing on the operations , Dividends is solid and therefore a long on gold is good . Should the gold price dip below 1850. I will take profit....despite being long on Gold .Volatility is good
DRD 1D - PLAY ON THE GOLD PRICE AND ZARI Personally believe that the gold price will start to increase and that the Rand will weaken over time. candlesticks show a lot of indecision. i will wait for a pullback to buy, or if the instrument passes1581
DRD GOLDDRD Gold broke through a strong support line at 14.50 - Since February DRD Gold has been consolidating between R13.52-R15.71.
If it falls below R13.47 it could easily test the next support line at R11.89.
What I am looking for is a bounce off of R13.50 and a strong upwards trend that breaks through R15.60.
* I have a position in DRD GOLD with an average purchase price of R13.40.
I'll be looking to add if there is a bounce off of R13.50, and will continue to accumulate if this downtrend weakness persists.
The spot price of Gold is pushing higher and is testing $1800, a clear break above $1800 will open the door for Gold to run higher and test $1840 .
If Gold moves in that direction then DRD Gold should pusher higher. and benefit from a higher Gold price.
DRDGOLD DRDGOLD stock prices has been declining since last year july, we might continue seeing it decline until it reaches price level R11.74 were there might be a possibility of DRDGOLD breaking out the channel. My target for now when prices start increasing is R20 per share.
DRD Gold analysis DRD struggling to recover beyond R15 price range and a far cry from its peak price. The focus is certainly not on Gold stocks or commodities right now especially from Retail investors. A price increase from R14 to R15 will yield a 6.6% increase and chances are like the pas months price my fall again to sup R14 levels. On the positive side the price is reluctant to touch R13 price mark. Fair to say it’s stable between R14 and R15.
