Looks like there are a few things happening with DRD...
Gold Price Support at $1840-$1860 seem to be holding, which would be a buy for me at these levels with a stop loss if it breaks, but DRD itself:
Possible Head and shoulders
Gap 1344-1444
Possible Double top to tests near gap
Downward channel from Jul20/Aug20
And Stochastic oversold
Not sure which direction, but I like current levels as a possible trade entry point - curious about a long Straddle option strategy if possible?
Any good options brokers to recommend?
I'd appreciate your opinion on the above - Thanks in advance
The above is just my opinion/observation and a question, not a recommendation.
Gold Price Support at $1840-$1860 seem to be holding, which would be a buy for me at these levels with a stop loss if it breaks, but DRD itself:
Possible Head and shoulders
Gap 1344-1444
Possible Double top to tests near gap
Downward channel from Jul20/Aug20
And Stochastic oversold
Not sure which direction, but I like current levels as a possible trade entry point - curious about a long Straddle option strategy if possible?
Any good options brokers to recommend?
I'd appreciate your opinion on the above - Thanks in advance
The above is just my opinion/observation and a question, not a recommendation.