bearish chart?

  1. 392 Posts.
    What do you chartist's reckon?

    I don't subscribe to tech analysis, but what do you think, ADO's chart is just sticking out at me.
    It looks like something straight out of a 'trading book', most perfect real life example of a descending triangle or what?
    I suppose we will see if t/a really work's with this one, cause if you believe in the power of chart pattern's then you'd definately be out/short on this one right now!!

 
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(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $62.22M
Open High Low Value Volume
2.4¢ 2.5¢ 2.3¢ $36.35K 1.515M

Buyers (Bids)

No. Vol. Price($)
12 6818007 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 500000 1
View Market Depth
Last trade - 16.10pm 13/08/2025 (20 minute delay) ?
ADO (ASX) Chart
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