ADG 11.1% 0.4¢ adelong gold limited

Ann: Drilling Shows Potential for Major Deposits at Gibraltar, page-21

  1. 776 Posts.
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    Back when it was DDD, I had loaded up to 5M on this stock at 0.9c using technical analysis and boy, was I proven wrong!! Kept holding on instead of cutting losses when the trend changed, so my average price is 3.8c after share consolidation….a long way to go to break even for me :-(

    Again, from a tech analysis perspective, if it can get to 2.1c by end of this month, I reckon a long term uptrend could be in play and ADG can even get back to 10c…..but as my previous analysis was spectacularly wrong, I am not sure I would trust my judgement and not sell off at 2.1c, should this get to that point

    Hoping for some good luck on tgis and keeping fingers crossed

    GLTAH
 
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