RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
(2022-10-27, 02:13 PM)Mashed Wrote: What do you think about ADT (Adriatic Metals)? Looks like a stage 2A is starting.
(I can't upload the chart because I am travelling and I don't have my laptop, sorry)
According to a Spanish mining analyst that I follow, it has very good fundamentals
Potentially early Stage 2A. However, it's very thin and the spread is quite large (-2.8% at the moment). i.e. you start the trade immediately at -2.8% minus trading costs. So probably at -3% as soon as you enter. Hence not suitable for short-term swing trading as it is not liquid enough. So longer term investor positions only that have much wider stop positions in stocks like these. But generally it's better to avoid stocks with large spreads altogether.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.