Certainly been bit of shorting going on which started in earnest last Friday, according to the insert on the chart below...as much as 6.85% of that day's trade volume. Probably continued over the next 2 day's(no data yet) BUT there is no real evidence in the lowering vols since of any short covering. Again, no data yet ... have to wait one more week. So maybe the shorts are hanging in there for a break of uptrend.
Putting that aside, I think we are presently in a good 'rebound' zone right now. If it doesn't, then as I mentioned b4, from a TA perspective 'warning' signs start to come to the for!
ADN CHART, page-4513
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 (20min delay)
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $19.90K | 2.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 14679959 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 15495976 | 20 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |