I think you need to clarify your statement. You see, I see you as a pip trader therefore if the SP gets to your 1.3c, you'll wait for a tick up (with a buy sentiment) and probably sell at 1.5c or 1.6c and then convert to a sell sentiment in the hope of rinse and repeat. That is fine, if you actually state that in your posts as against trying to be a guru on the FA of ADN. If you are into TA for short term trading, fine but I guess what gets up people is drawing TA and FA as one,in the one week horizon you work to IMO.
I guess from my perspective where the real money will be made here is when the deal is done (i.e. Offtakes substantiating a DFS) and SP races up quite quickly, leaving behind the pip traders who got out at the start of the journey. Conversely, if a deal doesn't get done, well they are the risks of investing long term and I am happy to wear those risks in a risk reward equation.
So, I simply treat your posts as a short term traders perspective on TA, and essentially switch of. Anyway carry on but at least stipulate your goal here.
All IMO
ADN CHART, page-427
-
- There are more pages in this discussion • 5,213 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $30.31K | 1.927M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58733 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2861210 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 261889 | 0.016 |
28 | 7724207 | 0.015 |
19 | 6833321 | 0.014 |
6 | 2039692 | 0.013 |
7 | 4391080 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2761255 | 5 |
0.018 | 1752664 | 8 |
0.019 | 1036888 | 6 |
0.020 | 3958030 | 18 |
0.021 | 1778214 | 12 |
Last trade - 10.00am 09/08/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |