Agree with that point Sskim. Since 16/2/10 it has been going down to sideways on relatively low volumes. However if you consider movement between 16/2/10 to date to be a bear flag which retraced a small part of the gain from 2/2/10 from 3.1c to 6.5c, you can construe the whole pattern to be an uptrend which could qualify today as a shooting star.
I am not saying this is a clear cut bearish turning point; far from it I think it could have legs to go a long way. Just think Monday it will take a breather and try and fill some of that gap. It gave up most of its gains during the day like many of the p&ds that have occurred recently. If it had held at least half the candle today, I would say Monday would be a cracker still.
Could be wrong though and Monday I have to eat my chef's hat ;)
ADO Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
