Silver has failed to breakout of her $26 resistance and instead has broke down short term and confirmed a double top. Have learned to respect double tops and double bottoms which very often lead to change of trend. The longer term uptrend is still intact but now the short term target downside is at least $23. However bear in mind that this does not mean adt will follow suit though the possibility is high. So I am out from Friday till the dust settles.
short term line chart, page-242
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Last
$3.00 |
Change
0.080(2.74%) |
Mkt cap ! $840.4M | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.01 | $2.93 | $338.3K | 113.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 666 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 3184 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ADT (ASX) Chart |