Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations... see more

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TSX:DIV - Post Discussion

Diversified Royalty Corp > Level 2

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Post by Shirtlessnomore on Oct 22, 2021 2:33pm

Level 2

But I will say level 2 is pretty ugly, if this breaches 2.75 substantial drop could occur. Lots on the ask to 2.85 and not much on the bid below 2.75

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Comment by KC8 on Oct 25, 2021 12:13am

I see you have some mixed emotions on this issue. I buy and sell strictly on T/A. The Relative strength indicator has been dropping for the past 5 weeks. Now stands at 57.65. Also on the negative side is the stock slightly below its 10 week M/A. Last trade 2.77, 10 week M/A $2.80. Rule of thumb is two straight weeks trading below the 10 week M/A you sell and get out ...more

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Comment by Shirtlessnomore on Oct 25, 2021 10:58am

I do have some mixed emotions but it's on the buy side and when to step in for more, I have no mixed emotion about the stock itself, I believe its undervalued and worth buying here however I have a bunch so I'm picky now about adding. I see nothing unhealthy about owning this. Cheers and g.l.!

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Diversified Royalty Corp