ADN 6.25% 1.7¢ andromeda metals limited

ADN CHART, page-4412

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    https://hotcopper.com.au/data/attachments/3014/3014379-0e9a9f65d2cddf62697b07e997d30e4d.jpg
    So my first time posting a chart and am a complete amateur, so please go easy on me!
    From what I can see, and please feel free to correct me if I am off the mark here, we have a reversal doji formed, the MACD starting to top out and the stochastic heavily in overbought territory, with it starting to turn. Combine that with a lower high price today, closing a cent lower, heading in to PTF ('PROFIT TAKING FRIDAY') and the dust settling from our offtake news, it looks as though we will be retracing. Not massively, as we have strong support points at 41, 40 and 38 ( Barchart shows 40.8, 39.7 and 38.3) I think we may be headed for, in my opinion ,a healthy trace back to good support levels. i have been watching closely, because back in the 30's is accumulation territory for me.
    So all you TA gurus, what do you think?
 
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
ADN (ASX) Chart
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