daytrade diaries... may 20, page-74

Hi Shlavina
ADX is a speccy with possible drilling news in coming weeks.
No surprise to see volume picking up.
I have been trading it hard over recent weeks. resistance was 14.5c and has broken through a few times and fallen back.
sold some this morning at 17c and now fallen back again. still holding some as a free carry.
if drilling results are good then some high targets in place. suggest there is time to wait for some pullbacks before rushing in. may stay at these levels for awhile depending on timing of announcements.
good luck