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Durban Deep Appreciation Society
This is a discussion on Durban Deep Appreciation Society within the US Stocks forums, part of the Equities category; Originally Posted by Hook Shot http://stockcharts.com/charts/gallery.html?DROOY Still a big believer in the rags to riches story .... so will watch ...
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Sep 20, 2007, 1:21pm
| #17 | |
| Legendary Member Join Date: Jul 2005 Location: Manchester Posts: 2,113
|  Still on fire...  Quote:
 We're also up around 80% since the august lows ... which isn't that bad ..... Edit: No views on the gold price at THIS level but for DROOY the last big rally failed after an 80% rise off the lows. Looking out further if we can break and hold the 200ma we could start dreaming of silly prices... $14, $20........$30 ? But I'm getting ahead of myself....lets see if we can hold the 200ma at Friday's close. Last edited by Hook Shot; Sep 20, 2007 at 1:44pm. | |
 
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Oct 29, 2007, 12:00am
| #18 |
| Legendary Member Join Date: Jul 2005 Location: Manchester Posts: 2,113
| Big Week 4 DURBAN We have now held the 200ma for around a month and the raging gold price may take the price higher....... $7.35/$7.40 is line in sand and now $8.11 with a nice lift on friday. Resistance is poss $9.40......previous swing high. But been at around $8 for a good while - the big move is +/- $2 roughly Yep, we could see $10 or $6...... I'm more bullish than bearish based on gold price and this consolidation at the highs of the first leg up! But this is just gut feel... Hs.... |
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Feb 3, 2008, 3:46am
| #19 |
| Legendary Member Join Date: Jul 2005 Location: Manchester Posts: 2,113
| Is it a bird or a plane ?
The big move came and we broke $12 ...... Not bad eh.......... ??Okay I admit it did dip first but since I'm long term holder I didn't really care but for traders that dip to test 200ma might have caused a wobble...... but now retraced half the last major downwave so ........... Have a look at that inverted head and shulder then pbk to test 200ma and up and away..... We have already doubled off the lows.... and if history is any guide..... this is nothing ........
__________________ If you change the way you look at things... the things you look at change. Last edited by Hook Shot; Feb 3, 2008 at 3:51am. |
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