I also believe ARD has "come back too hard" and very likey as a result of D. & D.'s update. However, I can't see fundamentally that anything has changed their cost affectiveness to mine "cheap" SILVER. Anyway, I'll leave the F.A. to those who know??? better and stick with what what my charts appear to be saying.
Which brings me to your chart, Machone...very nice trendlines but I'm sure your chart is of another stock, right! It got me scratching my head and checking ARD charts from a number of sources to confirm. Have a look at your data verses the rest(I'm guessing)...Man, "correct" data is everything and without the correct charts, an old sailor friend use to say, is like sailing the open seas without a rudder!
Anyway, here is my weekly chart of ARD highlighting what this "sailor" thinks should be a good, low risk technical entry level right now and why. I have also attached Machone's chart for those who want to also check the "structural" differences...no offence meant, Machone, right!
P.S. Now in!
ARD Price at posting:
12.5¢ Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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