Looking at the chart I see a multiple technical signs of a potential reversal. ADN has certainly been in a strong downtrend, so the more reversal signals on the chart, the higher the probability of correctly calling a base. It is never easy…
The key signals being:
- the daily candlestick chart has formed a hammer
- triple divergence on the daily RSI since 8 August
ADN also touched its lower Bollinger band today. Whilst for the Elliot Wave technicians it looks like we have spiked down out of a triangle which has been in place since 13 Sept.
Looking at the chart I see a multiple technical signs of a...
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Last
1.8¢ |
Change
0.001(2.94%) |
Mkt cap ! $54.43M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $17.55K | 985.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 15017552 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 13337 | 3 |
View Market Depth
| Last trade - 15.44pm 30/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 1649478 | ||
| Last updated 15.39pm 30/05/2024 ? | |||||
| ADN (ASX) Chart |