ADO Analysis, page-3406

Mg021. Not withstanding the uncertainties of share markets, it looks to me like ADO could run again tomorrow.
The last couple of days have seen similar finishes and similar openings.
Lots of early buying by traders, retail punters jump in and the early birds sell into the subsequent enthusiasm.
HFT ensures the close is a pip below where it could have finished just to take the momentum out of the sp and enable a slightly cheaper re-entry next morning.
Rinse and repeat for traders. The trend is clearly up at the moment and short term traders can make a good quid out of day/short term trades.
Occasionally I do it myself except for the HFT bit. My abacus doesn't work that quickly.
Like a lot on the forum, I am seriously, for me, heavily invested and plan, like Slipping, to ride ADO as far as possible.
Memories of my first purchase in 2014 while sitting on the banks of the Rhine still haunt me. One day hopefully courtesy of Anteo, I'll be back sipping a delicious Hefeweis under different circumstances.