re: bailej03 only
Yeah I thought it was more of a double top myself too, I guess its really still at the second peak, although another 18c close was encouraging....news might have come just in time.
Its been a pretty solid rise imho. A good leg up and then solid consolidation indicated by first the ascending triangle and then the flag at 15-16c. If we do form another flag here trend will show all signs of continuing. A break into 16.5c will means its over, correct? Considering placing me stop here. A test of 16.5c and not holding could see us back to 15c? How are you reading it John?
Money flow hasn't be very good either, actually disappating during the flag and still not showing accumulation yet which is strange because you would swear it is happening. Maybe so big off loading occuring?
ADY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
