Technically ADX has been in downtrend >10 years, been sliding sideways since 2014 (made all time low in early 2016), made a higher low and currently forming a bull flag for another pop higher.
Fundamentally recent announcement/s suggest that "ADX looks forward to providing shareholders with a revised economic assessment for the project by the end of February 2017 and actively pursuing farmin or co-investment discussions with other oil companies and/or financial investors".
Weekly chart looks pretty good IMO
ADX Price at posting:
1.5¢ Sentiment: Buy Disclosure: Not Held
