ADO 0.00% 2.0¢ anteotech ltd

breakout confirmed, page-64

  1. 3,195 Posts.
    lightbulb Created with Sketch. 33
    Took a posi at 7c last week, and pretty happy I did!

    Couple things to note on the daily chart from today.

    1. Price is a LONG way out of the bollinger bands.

    2. High volume days can be tops. Check Jan 5 & Feb 25 (2011)

    3. I think for the current price to be valid (technically) we need to see another goodish volume day without the price being driven down, but holding up around this level before moving upwards.


    Just my thoughts.

    Cheers
    dmc



 
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