NSW announce utilising RAT in press conference, page-49

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Splunta

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20/08/21

20:06

Post #: 55456827
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Originally posted by jimmybieri: ↑

I am not a fundamentalist, but i am a technical analyst. What i believe is happening, is that currently we have a liquidity hunt going on.Meaning who ever has bought the the higher lows,from around $0.10 up into $0.40. The algos, will retrace to stop out all the stop losses on the purchases. With this in mind when the retailer is being stopped out, ask yourself who is buying those stop losses? The algos are. Once the algos have fullfilled their liquidity on stopping out the longs they will have enough liquidity to then drive the price back up by creating the trend thus enticing retail to repurchase, thus ask yourself who is selling the shares to retail, its the algos and they then join the party thus pushing prices higher. Now from a fib level we had a high of $0.49 a 50% fib retrace is to $0.245 now a 61.8% fib retrace would be $0.16. I am a holder of ADO at the lows of $0.01. i have not sold yet, even thou i wish i di at the top and i would be buying back at these levels. Now saying that, we may see a dip back to $0.10 which i hope doesnt happen, but from a common sense perspective ADO appears to be in 2 great spaces virus and battery. If ADO does get any europe or asia contracts i can see this heading to $5 and it could happen within a 6-12 month period once the sales or contracts are announced. But my main message is the "LIQUIDITY HUNT" WHICH IS HAPPENING WITH THE SHORTS. Price will get forced down before i believe ripping way higher that $0.49. Just from a technical and algo perspective

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If you didn't read this is worth a read

I had a similar experience recently on anothhttps://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated

I share Jimmy's view I'm not giving advice

er stock. Everyone wanted the incompetent mangers heads etc, recovered nicely now.

At the time someone posted this.

Last edited by Splunta: 20/08/21

ADO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $59.24M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.2¢	$42.79K	1.848M

Buyers (Bids)

No.	Vol.	Price($)
1	271944	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	851994	5

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No.	Vol.	Price($)
1	271944	0.023
4	527436	0.022
4	1096532	0.021
9	1128501	0.020
7	1044605	0.019

Price($)	Vol.	No.
0.024	851994	5
0.025	1110470	11
0.026	891415	5
0.027	250000	1
0.028	250000	1

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NSW announce utilising RAT in press conference, page-49

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NSW announce utilising RAT in press conference, page-49

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