ADT 3.12 followed a very carefully crafted pump and dump...

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    ADT 3.12 followed a very carefully crafted pump and dump template down to the low of the month this week

    Monday was an outside day from the previous Friday's trading range and made a higher high before retreating with a doji then three pushes lower to a lower low so this is the first mini dump of the week.
    Tuesday was an inside day which pushed higher for two green candles followed by a doji then three small pushes lower the last of which was followed by a green candle higher to finish the day still beneath Monday's close
    Wednesday began with three big green candles pushing higher followed by a doji half way down the last green candle trapping traders up high.They engulfed the candles that had trapped the traders high then put in a solid red as the closing candle.
    Thursday opened with another spinning top which showed the confusion of traders of which way the market was going for the day then red candles led the way lower all day.
    Friday the day began with another spinning top as once again traders could not pick if the market was going up or down and from there it was all downhill to the monthly lows where a peak formation low has been set and the final candle marched sideways..
    https://hotcopper.com.au/data/attachments/5785/5785546-066194a649d926d2a6cdd6c2ebc636fd.jpg





    Last edited by Patterns: 02/12/23
 
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