ADO 0.00% 1.9¢ anteotech ltd

sp, page-44

  1. 3,740 Posts.
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    My usual caveat is that I'm clueless when it comes to TA, but given that the usual crowd are suspiciously quiet I'll have a crack...

    Todays close on the high of the day looked pretty bullish to me, smallish volume yes, but doesn't that indicate a general lack of supply? Especially with such solid support clearly demonstrated by the strong rebound from the brief dip under 18 cents.

    22 cents demonstrates a clear break of the recent short term downtrend on the daily, and if it can hang on to stay at or above 22 cents then the short term weekly downtrend will be reversed too.

    Lots of recent sellers shaken out on the decline from 28 cents sitting on the sidelines waiting for confirmation of a new uptrend, and I wouldn't bet against Martis and the trading crowd being part of todays renewed buying (or poised to join in), very promising FA bubbling in the background too.

    Confirmation of todays move tomorrow should hopefully encourage plenty more buying, I'll watching the next two days trading very closely - simmering for a while, and now about to boil over?
 
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Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $46.90M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $23.42K 1.233M

Buyers (Bids)

No. Vol. Price($)
4 1142321 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 339684 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
ADO (ASX) Chart
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