ADUS- Prepping for a drop
Could see a decent pull back here. RSI steep drop, MACD weakening slightly. This post is mostly not about that.
We have tops from way back in August 2018 forming a possible upper trend on ascending wedge. 2 Possible bottoms from either April or September of this year. If this plays to Apex we'd see the drop around Jan or Feb of 2020.
Red and Black dashes are potential support, also one possible around $89 range.
Recap: Down a few days, back up for new highs for a bit and in the next 3 months or so a possible drop that could be big.
This is not advice. DYOR
We have tops from way back in August 2018 forming a possible upper trend on ascending wedge. 2 Possible bottoms from either April or September of this year. If this plays to Apex we'd see the drop around Jan or Feb of 2020.
Red and Black dashes are potential support, also one possible around $89 range.
Recap: Down a few days, back up for new highs for a bit and in the next 3 months or so a possible drop that could be big.
This is not advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.