ADX 1.01% 10.0¢ adx energy ltd

buy depth evaporates, page-17

  1. 1,099 Posts.
    badly breaking down on the daily today and weekly is screaming sell mean reversion playing out IMHO.

    Stops will be triggered if further weakness comes tomorrow which sees high teens come back into play this week.

    A break of 20 after Spud ANN would signal a exit point for most savvy traders hitting the exit gates


    I am calling 18-19 cents by Friday.

    Disclosure i do not hold purely an un biased obseravtion and removed all bids i had until further price action is clear .

    Good luck oil juniors can be very rewarding they can also be brutal which way the dril bit spins will answer many questions and settle all argument.

    I will go on record here and say this drill will not result in a commercial find due to CO2 issues this is an opinion not fact,

    Good luck
 
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1 100000 9.8¢
 

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Price($) Vol. No.
10.0¢ 4409 1
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