I often wonder how much our confidence in charting patterns can be self-fulfilling. Ditto with fibonacci retrace. We all know there'll be a correction, and it's comforting to hang one's hat (and $$s) on some expected pattern. I saw the same magnitude of a correction on another stock I've been watching, which has since recovered. Stock market watching is a bit like Groundhog Day's lemming parade . . . and we are all lemmings. C'est la vie.
ADO Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
