ADT 2.38% $4.10 adriatic metals plc

3D view of Rupice courtesy of Hartleys, page-8

  1. 2,254 Posts.
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    @HarryKane
    Not sure that I can do this justice but here goes.
    While this chart is strong and the upward momentum was indicating that those past days of Green candles were showing tiredness.
    I judge this by the last green candle which is smaller and closes lower than the previous, it is the followed by the second last, red candle indicating further weakening but not a great deal.
    The following day I was expecting it to roll over a little further and consolidate but the dragonfly doji appears to finish the week.
    Now that movement at the close on Friday was what I described as BS, ( that last minute ~350,000 volume ).
    I am still not certain about that but that is what caused that doji.
    It also coincides with the Hartley's initiation and buy up to $1.20.
    While this call by Hartley's could have triggered the movement, it is more likely that there is more awareness of the potential but either way it has now bought us more attention and possible catalyst to upward momentum.
    The other indicators are not topping but are up there so a bit of consolidation was more certain than what happened at the close.
    Imho, We will see our upward trend continuing and it could be stronger because of this.
    All this will be followed by drill results so it could be an exciting year.
    I am just happy I am already holding and don't care wether that late Friday movement was BS or not.
    If it was then we will have consolidation, if not then up we go.

    Kind regards, Wack.
    Last edited by Wack: 24/03/19
 
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$4.10
Change
-0.100(2.38%)
Mkt cap ! $918.1M
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$4.15 $4.18 $4.05 $2.359M 574.4K

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No. Vol. Price($)
1 5000 $4.07
 

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Price($) Vol. No.
$4.20 5541 2
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