ADO 4.76% 2.0¢ anteotech ltd

Price bounced off 21.5 cents twice which is bearish and looks...

  1. 5,184 Posts.
    lightbulb Created with Sketch. 1681
    Price bounced off 21.5 cents twice which is bearish and looks primed for a small retreat, as I see it. We never got to 23.5 cents which is our main resistance.
    The break through 21.5 cents, the top of our run from 17.5 cents, would have been very bullish on the charts.
    That did not eventuate.

    Could be time to top up lower or analyse the rise from 15.5 cents on merit.


    I would guess many short term traders would not want to hold for when news hit to avoid possible complications from those VTM interference issues.
    Could be that stock was actively traded prior ( to bounce from massive drop from 33 cents down to 15.5 cents ) and volume falls off as we get close.


    all IMO
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $49.36M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $10.34K 499.5K

Buyers (Bids)

No. Vol. Price($)
13 2923983 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 196776 4
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.