ADA adacel technologies limited

been watching ada for awhile, constant good news and contracts,...

  1. 17,117 Posts.
    been watching ada for awhile, constant good news and contracts, but never seems to fly...........
    basically has a gloomy profit forecast for 2008, so will wait again for an entry point...........in the meantime the bollinger bands have sqeezed together indicating a breakout either up or down, the average true range has been heading down since july 07, and the macd histogram also heading down..........indicates to me the sp is going down when she breaks.............you add fundamentals to the charts......profit downgrade.........
    otherwise I might have been looking for a break upwards, if only looked at the bollingers
    cheers
 
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