ADN 0.00% 0.8¢ andromeda metals limited

General comments/chat, page-39767

  1. 2,021 Posts.
    lightbulb Created with Sketch. 1284
    I lied. here another post. Check out the AUD falling against the USD. I note is also falling against the Euro

    So if Andromeda exports and prices in USD or EUR, that means more AUD for us.

    A falling AUD is good if you are exporting and receiving overseas currency - you get more AUD
    A falling AUD is bad if you are importing and paying overseas currency - you pay more AUD


    https://hotcopper.com.au/data/attachments/5515/5515116-4ed4860c1200600a174945e77a902e89.jpg

    not going to post a big chart, but note the 3 Bollinger bands (2 yellow and centre) are falling with the price, reaffirming what I posted earlier.

    Also MACD below chart frown.png- woeful, but good for ADN

    have a nice day.
    Last edited by SignOfTheTimes: 17/08/23
 
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