ADY 0.00% 0.7¢ admiralty resources nl.

chart suggests, page-9

  1. 6,900 Posts.
    lightbulb Created with Sketch. 50
    Dont wish to put a damper on your party ebit....

    I rely 95% on technical analysis and i cannot see one indicator on my chart or system at the moment that would even give me a hint of a buy at this present time.

    There is only one way that this 'looks' like heading at the moment and my interpretaion of it is, that its not up.

    Saying that a reversal started on the 1/10/08 amuses me somewhat. On that date there was not a single trade. Volume over the past week has been relatively in sinc with the last 2 years trading.

    Technically there is no support base at all to suggest this has turned or for that matter no sign of a reversal.

    Would love to hear further how you view the chart is in 'an upward swing'???


    cheers

 
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