ADN 7.69% 0.6¢ andromeda metals limited

ADN CHART, page-2795

  1. 4,961 Posts.
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    Finally bit the bullet and re entered a position here after missing the 2c low for the sake of .1c and had been stalking the bid for most of the week. I wanted to ensure I was reset before the feasibility study was delivered. In a world where CAPEX requirements and the ability to raise substantial amounts for projects is even more challenging, this surely bodes well for ADN's prospective plans and path to market.

    Really liking the technical setup at play here with the 15 day MA crossing through the 30 day MA today and the share price responding accordingly by moving higher. Iam expecting the next push will take the stock back to test the 200 day MA at 4.3c and once this level is cleared it should march on the 5.5c+ without a great deal of resistance.

    MACD tracking well back to the 0 control line and the RSI still someways to go before it reaches 'over bought' territory.

    ADNd.jpg
 
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Last
0.6¢
Change
-0.001(7.69%)
Mkt cap ! $20.57M
Open High Low Value Volume
0.6¢ 0.7¢ 0.6¢ $26.59K 4.398M

Buyers (Bids)

No. Vol. Price($)
18 8106342 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 8773977 21
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Last trade - 15.58pm 08/11/2024 (20 minute delay) ?
ADN (ASX) Chart
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