hi all,
with regards to technical analyst, HC resident chartist, robbbbb did a chart on ADO some time back.
http://www.youtube.com/watch?v=AqoVBmjpV6E
key points:
-repeating range may see ADO going to 12c
-resistance at 8, 12c
Robbbb mentioned about sideway consolidation in the vid. If Dr Cummings is right about deals being perilously close, i reckon the next few periods of consolidation will be shorter and shorter. Ado definitely has the fundamentals to sustain further sig sp growth.
possible scenario, page-22
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.22M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.9¢ | 2.7¢ | $17.68K | 634.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 541015 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 4693635 | 4 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |