Wednesday, September 1, 2010

BOUGHT DROOY - $4.10

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I bought DRD Gold Ltd Adr (DROOY) three times today for an average price per share of $4.10.  I bought DROOY yesterday at $4.20 and when I saw the price going on sale today I could not resist, so I loaded up.  
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This daily chart shows that the True Strength Index (TSI) and Money Flow Index (MFI) indicators are being narrowed by a wedge that really cannot go on much longer.  Either the stock breaks to the upside or it breaks to the downside, and soon.
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Here is a tid-bit of current data I came across at Motley Fool today regarding DROOY.   Also here.
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My TSI trading record has been updated.
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Click on the chart to ENLARGE

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