ADN 5.88% 0.8¢ andromeda metals limited

ADN CHART, page-440

  1. 4,925 Posts.
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    Technically worth another look:

    Daily looks like its ready for another run higher and a test of 1.8c again, with the price action respecting the short term SMA.

    Volume tappering off nicely in to this next move as it had done previously when the run from 0.6c through to 1.5c played out and then settled at 1.1c before the move to 1.8c played out.

    Stocahstics looking to turn up and positive once more, with the RSI not in 'over bought' territory, gives the price action further head room for this next leg to play out. If we see 1.8c taken out, Iam looking for 2.1c to come in to play pretty quickly from here.



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