ADR 10.0% 1.8¢ adherium limited

Chart, page-25

  1. 385 Posts.
    lightbulb Created with Sketch. 17
    Hoped on the wagon at 0.019 with the immerse volume entering AZS.

    1) My analysis showed me from monthly chart, breakout point was 0.018 and hence will be the new low
    2) Using a rough Elliot Wave theory, seems align with 0.018 being the lowest
    https://hotcopper.com.au/data/attachments/3579/3579018-75cf3f91f5e905542ba7e4cb0ce6daec.jpg

    Depending on how long Regal is selling, may even attract pipe trader to pulldown to 0.017. Either way, keen to ride the wave and see what surprise ADR has in house for me. Target area from the daily chart will be 0.038-0.050

    https://hotcopper.com.au/data/attachments/3579/3579003-ac140d2b7f6a457913f24c18868ed165.jpg
 
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