ADN 0.00% 1.7¢ andromeda metals limited

ADN CHART, page-3486

  1. 1,531 Posts.
    lightbulb Created with Sketch. 985

    Not on my chart.
    I drew it exactly symmetrical where the two lines must meet in the middle @ 16c
    I think we only have a day or 2 before breaking out.

    @22Ryann timing entry is difficult and often we get hooked up over a cent
    The potential for news that would explode this out of the pennant is pretty high in my view.
    James has a grin from ear to ear.
    The last time I saw that from a conservative type of guy was on Feb 6 from DEG geo Andy Beckwidth and few understood what he believed and I seriously think most here don't truly grasp how big this is otherwise we wouldnt be discussing buy prices and others wouldnt be selling for pips.

    If you look at the previous tight ascending triangle/pennant mid sept you can see how it exploded at the end.

    I have chucked the chart of DEG below and you can see a similar set up, ascending triangle followed by symmetrical.
    In my view ADN set up is way more explosive at the moment as the timeframes in the consolidation are way shorter meaning people aren't patient.

    I dont think 17c will be there for long.

    These are just my observations and personal views and not financial advice.

    Happy Days



    https://hotcopper.com.au/data/attachments/2534/2534924-1f6acb22b09537e16f2170bc080c80d2.jpg
    https://hotcopper.com.au/data/attachments/2534/2534942-5cccb3a81ef69349b4ad66b2896823c8.jpg


    Last edited by Lethal70: 06/10/20
 
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