ADN 4.55% 2.3¢ andromeda metals limited

ADN CHART, page-4367

  1. 2,596 Posts.
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    Been awhile since I last posted a chart here ... https://hotcopper.com.au/posts/50741327/single ... That was when we formed that wave 8 on my chart below back in the 1st week of Feb...

    ADN certainly has move on since then and especially over the last few TD's. So much so it has now reached a band I have had in mind as a 'personal' target from a TA point of view for some time... i.e. 41c-44c. ... This zone satisfying 3 TA objectives; Gann Box 5th outer arc pairings, Fib range extreme, extreme(5.236%) and a possible end to the classical 9 wave structure out of the 0.5c 2019 Lows.

    So my question to myself is do I liquidate my position, part of my position or hold on to all exposure?  I have settled for the middle one. Out of 50% with the other 50% open on a trailing stop. BUT, hey that's just me trying to 'obey' my trading plan and tools; it may not or will not suit others objectives. AND, certainly I may have "mud on my face" later down the track . But I'm happy for this 'lovely ride'...so far!

    Anyway, here's that Weekly Chart ...
    ADN_GannFibs_150321_Wkly.png
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $71.53M
Open High Low Value Volume
2.2¢ 2.4¢ 2.1¢ $440.2K 19.15M

Buyers (Bids)

No. Vol. Price($)
2 174773 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 924651 8
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
ADN (ASX) Chart
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