Wiz_of_Oz
Long

Bullish Breakout

ASX:ADN   ANDROMEDA METALS LIMITED
I have just published this idea on twitter too - After a retracement down to the 78.6% fib, it has started moving. Change to a Weekly Chart & see the bullishness whilst daily shows the breakout. In this market I would be comfortable if the breakout level is retested & then we have a continuation of the move up.

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I've been following ADN for a couple of weeks and am very interested in this company and their rare Halloysite-Kaolin deposit in Sth Australia. I've only just come across your Trading View profile having initially taken an interest in your commentary on one of my primary holdings, EVN; only to realize it was an older post of yours. I'll keep an eye on ADN over the next week or so and see how this unfolds. I want to be honest and say that I'm presently studying Accounting but don't have much of an understanding of the analysis of most charts such as this and including the much vaunted Fibonacci Retracement Method, but I'm keen to learn and continue to do so. In addition to my primary portfolio, I'm always on the lookout for stocks through which I can accummulate short-term gains, although, if they seem very promising, I keep my mind open to investing in any of the short-termers over a longer term. One short-termer I have previously held a stake in that has got me thinking is GTI Resources (ASX:GTI) - a Uranium explorer with highly prospective Uranium and vanadium tenements located in Utah, USA, just one hour from the US' only operating conventional Uranium Mill in the USA. Anyway, I'll keep an eye on ADN and look forward to your future posts here on Trading View.
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