ADY 0.00% 0.7¢ admiralty resources nl.

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  1. 801 Posts.
    Hi Ed & others interested in the technicals/charts

    The problem for me is that if we move more than a few cents tommorrow or the day after we might go above the upper bollinger bands! This tells me we will see dumping happening because it is overbought. I noticed that in june/july the bollinger bands moved with the strong trading - not sure if that is volume related or what?

    Also, i do not understand stochastics really well but the fast one is giving me sell signals. It is the slow stochastic which tells me to hold.

    Now i am not looking to sell (until the 400 year life of the lithium reserves is over) but i enjoy technical analysis just because i am trying to get a better understanding of which ones lag and lead.

 
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