Daytraders were caught with overseas market dolldrums due to middle east concerns,this inflicted some pain IN THE SHORT TERM....the last announcement should put any technology doubters to bed....a suprise announcement of another contract may happen sooner than later .....those coys opposing banks will not want to be left out in the dark and loose competitive advantage.... no doubt some cunning traders who sold out on the last little rush up to 9c will not let it go past 7.5c ---50% retracement,after 3 legs down on the chart...its time to get set for the medium term ,if not the long term....I have rarely seen a stock with a rosey future ahead that no longer needs massive funding.
Looking to a minor swing late today for a near 8+ finnish.
I feel sad for thos who think the last run was for pumpers and dumpers.
ADO Price at posting:
7.6¢ Sentiment: ST Buy Disclosure: Not Held
