Mitta, I have to disagree I have been studying such trends since 2002, the common theme for stocks that are in these accelerating trends like ado, are price expansion and volume expansion the higher the sp goes up.
I will give you an example of a totally unrelated stock just to show my point, Have a look at mej on an intra day 30min chart. As price increased so did the range and volume until it hit a brick wall. These trends occur in different time frames, mostly occur in shorter one or two day moves but when they occur on longer time frame trends like ado on the daily and weekly then that is quite significant.
What I have discovered is that trends always go on longer than most people think and gaps are also a common occurrence in such trends and IMO ado looks to be setting up for one. I have to agree with martis that ado is setting up for such a big day.
Dyor
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.2¢ | $12.59K | 542.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 487271 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 487271 | 0.022 |
4 | 1066532 | 0.021 |
11 | 1231001 | 0.020 |
7 | 1037236 | 0.019 |
5 | 2061668 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 200000 | 1 |
0.024 | 653235 | 4 |
0.025 | 1070470 | 10 |
0.026 | 291415 | 3 |
0.027 | 250000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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