Another hammer candlestick today, that 4 good signs in 4 trading sessions. Having regard to these signs, I'm tipping that as the bollingers contract (as you say, perhaps over the next week or so), this should break upwards not downwards. Chartwise and based on its history, ady seems to almost always break when the bollingers contract sufficiently.
Also and on a more basis level, 0.17 now has greater resistance than it has previously in recent times. 0.175 buying volume is now almost equal to 0.18 selling volume. Overall buyer volume is also getting close to equaling overall seller volume.
It's looking promising IMO, and for my part I'm tipping a breakout within the next 3-4 trading sessions.
Any other views as to whether a potential breakout soon, or any contrary opinions?
Another hammer candlestick today, that 4 good signs in 4 trading...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.55M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 328833 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 492990 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |
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