I've been around for a few months but haven't posted much.
I've been a trader of DROOY. Selling and trying to buy back at lower prices, not always successful. But I've done fine here.
I have been trading for 14 years. This is a traders market. DROOY, however, is a different story, as is most gold equities.
What has changed here today? 1. The price of gold near recent highs. 2. Drooy releases earnings.
Today definitly was not a blow off top for the price of gold nor for DROOY. These bastard market makers have dropped a "fade" like today several times before and they have proven to be good entry points.
From where I stand DROOY has much further to go on the upside in the comming days ,weeks, and months. I base my trading on fundamentals, technical analysis, and psycology.