One must understand market dynamics in detail to why trends act as they do.
Nevertheless for clarity... below depicted is one heck of a bullish hammer reversal...hammers that ensue capitulation days or week are most reliable...the measurement rule is the length of the candle projected upwards...gives us a .25 target..hence why I mentioned yesterday that the sell off will have seemed non existent..(unless u sold at the bottom)
Therefore the retest of .25 is also major resistance on the weekly..I do believe next time .25 breaks ADO will head for the .30 level..all in my humble opinion.
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