ADO 5.00% 2.1¢ anteotech ltd

ADO Analysis, page-71

  1. 29,775 Posts.
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    My take on charts -

    Daily : RSI just above 30 Stf showing a hinge at a low McD lower than it has been all year CCI just below -200.
    Daily at this price after decent announcements tells me little and I am more interested in weekly or monthly.
    Maybe a few clowns involved with the daily - illiterate at that or failed to comprehend announcements? LOL

    Weekly : RSI just above 60 MOM at 0 McD positive tick CCI at +100 tick DMI green with ADX at about 15. This
    later indicator is one that I have found to be reliable in almost all cases.

    Monthly : RSI about 50 STs turning up tick MOM heading up slowly and now at 0% - has been as low as -90% on 2
    occasions McD positive and slowly turning up again CCI positive at 0 DMI green with ADX with ADX at 0 - tells me
    this has a long way to go in the up direction and is one good reason to hold in my opinion.

    Hope this helps or maybe to some will be as clear as mud. Hope those interested on charts are studying hard.
    Hope some day you will join me - as the song goes. Of course I don't feel silly talking to myself - I do it all the time. LOL
 
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