ADX 0.00% 9.8¢ adx energy ltd

Technically ADX has been in downtrend >10 years, been sliding...

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    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_ax_price_weekly_12jan07_to_17apr17_++_++.jpg
 
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