Trader-Dan

DRDGOLD - Double Bottom

Long
JSE:DRD   DRD GOLD LTD
DRDGOLD has formed a decent double bottom pattern off the R8.60 lows

- A daily close above R9.70 triggers the long trade

- Initial target is R10.85 but the stock has alot more room to move if Gold continues to catch a bid from here

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.