ado - point and figure chart, page-43

After having mentioned some caution at 7.4 cents, hinting at the likelihood of a sudden drop, I also bought some more today on the pull back as we bounced right off fib support levels at 6.5 cents.


A move back to low 7's is on the cards within the next 2 days, as I see it. A break through 7.5 cents would indicate much higher price possibilities for the short term.



There are few indications that those who wish to trade ADO and other bios at current market conditions would move on too quickly, given the stress international markets are under.
It appears that these shares can present market value when traditional resource shares can not.