ADN 6.25% 1.7¢ andromeda metals limited

to be honest with you I'm happy if it gets sold down tomorrow...

  1. 6,951 Posts.
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    to be honest with you I'm happy if it gets sold down tomorrow because I don't have any off the options and want to grab a heap cheap, also the misses wants me to grab some more heads tomorrow to for her. don't worry there should be a good opportunity to pick some up cheap.

    shares at 0.005 hitting the market and Share price at 1.4c.
    when SYA was at 3.8c and had shares hitting the market at 1c I called it to hit a low of 2.8c which it did before finishing at 3c.

    this one is a bit harder to call but I see in its trading history it has 4 main support levels I think will come into play,
    1.2c - pretty weak support level
    1.1c - a bit stronger support level
    1c - strong support level
    0.009 - very strong support level

    to hit 1c level Monday it would have to drop 40% I don't really see it dropping this much, if it did it would only be very quickly before it recovers again.
    I do see it testing 1.1c and is where I will look to top up
    all imo dyor.
    Last edited by jas626: 12/11/17
 
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