I concur andres .self serving TA assessments from posters who have no stock and no idea on this forum . We often see the patterns in hindsight and TA alone without fundamentals is incomplete as it is the fundamentals that drive the stock after all .The situation is made even more complex when traders get hold of a stock and play the pivot points ., create shake outs ,accumulating and whipping the SP between levels and making significant returns ,especially when the stock is liquid like this one .
i to am perplexed with some of the BS and inaccurate baseless TA analyses on this forum .Whilst one can not be definitive as it depends on timing and nature of news flow ,I absolutely agree with you that this pullback is likely a gap fill before it resumes upward trend and go higher .We May range trade for awhile but it is likely to rise . For the SP to drop as suggested by MW it would need bad news which I can’t see based fundamentals and the SS . I see huge upside on the SS as it is conservative on all measures and they have given themselves more than they need in terms of time to production .
It may chop around with the traders but I am of the view it is great buying here undervalued and those that sit back seeking it cheaper will imo be left behind when the brakes are released moving forward on news in respect of milestone leading production .
ADN CHART, page-1981
-
-
- There are more pages in this discussion • 3,666 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $23.75M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $14.34K | 1.834M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
76 | 29116227 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 16375466 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
73 | 27473370 | 0.007 |
58 | 24855155 | 0.006 |
27 | 15930122 | 0.005 |
8 | 10525000 | 0.004 |
6 | 19278333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 15375466 | 24 |
0.009 | 14828752 | 13 |
0.010 | 7769819 | 10 |
0.011 | 14346522 | 7 |
0.012 | 13445921 | 6 |
Last trade - 15.59pm 30/09/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |