AD1 chart, page-102

if there is any awareness out there by mr market regarding this stock, it should test the resistance at 7c from the previous high due to the fact that the fundamental financial prospects of the company have improved markedly after the recent announcement as a catalyst.


having said that, trying to predict when the market will discover and thus re rate a micro cap is probably a fools errand, so now that I have accumulated a couple of packages of this stock I’ll just sit back and wait for the news flow and be patient.
when it does break 7c, it will be interesting to see where the new next resistance level will lie.

good times ahead for patient holders and those clever enough to accumulate during dips and lulls. This reminds me of accumulating bfg, pnv, apt and apx very early on in their journeys and having to force myself to be patient until the market eventually woke up and re rated them after a long delay. of course, I have had a couple of micro caps that never made it across the cashflow valley of small cap death (which is inevitable due to the inherent nature of micro cap investing), but this one looks good to me as just passing the inflection point.

the next few days in the chart will be telling, as the volume dropped off today.