That will do it in terms of catalysts to see the share price support continue. Nice analysis from @wombat777 in terms of potential value to the overall project.
MACD breaking back above the 0 control line is very positive. RSI still got some room to move before it moves back into 'over bought' territory.
Small gap back at 3.7c which will more than likely get filled today or post the re-test of the 200 day MA at 4.3c, should the share price look for a back test of the SMA's before having another crack at breaking through the 200 day MA.
Volume will most certainly be higher than Friday's, which is always a good sign when the share price is increasing. Will be interesting to see how the afternoon price action plays out once the short term money is done in the stock.
ADN CHART, page-2797
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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 |
View Market Depth
| Last trade - 15.58pm 08/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |