$DRD pullbackNYSE:DRD on the weekly chart is still moving into a ShortWave scenario.
But the price just stopped on the ema 50W.
A stop here would be very interesesting.
On Watch
DRDGOLD Limited
No trades
No trades
Peers for comparison
2.92 USD
251.72 M USD
660.08 M USD
86.87 M
Next report date
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Report period
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EPS estimate
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Revenue estimate
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Company info
Sector
Industry
CEO
Daniël Johannes Pretorius
Website
Headquarters
Johannesburg
Founded
1895
IPO date
Jul 1, 1992
ISIN
US26152H3012
CUSIP
26152H301
FIGI
BBG000BX8QF2
Identifiers
ISIN US26152H3012
DRDGOLD Ltd. engages in the business of retreatment of surface gold. The company was founded on February 16, 1895, and is headquartered in Johannesburg, South Africa.
DRD – Gold Recovery SetupReasoning:
Gold sector stabilizing after 20-30% correction
DRD showing higher lows and strong relative strength
Volume starting to increase near the 20-Day EMA
Swing Traders (2-6 Week Holds)
Buying rule: Wait for a clean breakout with volume confirmation
Entry: Full position on breako
Long
STRONG BUY | DRD Strategy: Impulse Correction
Direction: Bullish
Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
1st Target = 3324
2nd Target = 3783
3rd Target = 4375
Lots: Can't trade on Meta, but hold 5000 of the stock.
RISK: Tariff Wars continue to hamper global growth as supply chai
Long
DRD Long TradeDRD Gold has finally broken out from the Cup and handle pattern
those like me sold at 2,800 High and the systematically bought
back physical silver Krugerrands with the profits. well done.
its time to buy gold again
Long
Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) was listed in 1895 and is the JSE's oldest listed company. It was followed by SA Breweries, which was listed in 1897 and has now been acquired by Anheuser Busch.
DRD is now a gold surface treatment operation which is at an all-in sustaining cost of extraction of just over R627247 pe
DRD leading the resources pack and heading up R23.80DRD is looking like one of the better resources that are showing upside to come.
Despite the Expropriation Bill, Depsite the uncertainty with Tariffs and US pulling funding.
DRD looks to be the star child of resources.
Price>20 and 200
W Formation
Target R23.80
Long
Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) is the JSE's oldest listed company, having been listed in 1895. It has evolved into a gold surface treatment operation, focusing on re-treating surface dumps with traces of gold that can be profitably extracted using modern methods. DRDGOLD's all-in sustaining cost of extraction is jus
Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) is the JSE's oldest listed company, having been listed in 1895. The company is now focused on gold surface treatment operations, which have an all-in sustaining cost of extraction of just over R627,247 per kilogram. This compares favorably to the average received gold price of R917,996
DRD: failing its 200-day?A price action below 1590 supports a bearish trend direction.
Increase short exposure for a break below 1560.
The target price is set at 1420 (just below its 38.2% Fibonacci retracement level).
The stop-loss is set at 1720 (just above its 78.6% retracement level).
Failing to break above its 200-day
Short
Our opinion on the current state of DRDGOLD(DRD)DRDGOLD (DRD) holds the distinction of being the Johannesburg Stock Exchange's (JSE) oldest listed company since 1895. It was followed by SA Breweries, listed in 1897, which has since been acquired by Anheuser Busch. Today, DRDGOLD focuses on gold surface treatment operations with an all-in sustaini
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