Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current levels for buy.
ADMA is hovering around the 50 retracements with a lot of sell orders on the books probably from people trying to get out at 1.90. Buy orders look good though in the face of this massive sell-off. This is was after news dropped that analysts saw the price between 6 and 11 dollars. Although ADMA has been struggling to turn a profit most of these reasons have been...
textbook ELLIOT WAVE PATTERN primed for 5th wave breakout
ADMA Biologics Inc is a United States-based biopharmaceutical company. It is engaged in the manufacture, marketing and development of specialty plasma-derived biologics. The operating segments of the company are ADMA BioManufacturing segment; Plasma Collection Centers segment; and Corporate segment. The Plasma Collection Centers segment consists of three...
Here's my take on $ADMA, probably not worth much Let me know if/how you plan on playing it - Happy trading, stay safe
We are looking for the breakout of this classic pattern. We need increased volume for the move to occur, with no volume it will fail at the trendline resistance, even with a break. Tight stops..trailing tight. Good luck.
Stay out when Line L is broken to protect your portfolio! What is Line L? Line L is a horizontal line that connects the security lowest price reached previously and later retested and penetrated. Never average into a stock when you see Line L is broken. If you average into a stock when the price plunge after Line L is broken you will amplify your losses...
Stock update for ADMA! +6.63% Today The stock symbol ADMA had a large market move today +6.63% that is close enough to my price target call of $2.12 on Dec 7, 2020 (please check my previous article on Dec 7, 2020). Remember what I said earlier, the stock must prove itself a winner by staying above $2.12. Currently, I have a short-term price target of...
A major test to watch!!! ADMA just formed an island. Can AMDA move above $2.12 and hold the price above $2.12? ADMA just formed an island pattern. On Nov 5, 2020, ADMA had a bear gap, and on Dec 1, 2020, ADMA retested the previous price level of $2.12. Can the bulls move the price above $2.12 and hold the price above $2.12? A short-term price...
Bullish divergence strong here between price trend and OBV. Do note that all other indicators are screaming sell on this stock. OBV divergence never steers me wrong. I will be purchasing this tomorrow. BTW my original post of this stock a few minutes ago didnt post. So if this becomes a duplicate you know why ;)
Ok was just scanning and found this. Nice bullish divergence between price and OBV on weekly. Each time I see that, its a winner. Buy at your own risk however. Honestly this is pretty weird because all other indicators and trends show this stock continuing a downward trend. But, i never ignore a bullish divergence. Lets see what happens with this. I will...
ADMA FAILED TO BREAK RESISTANCE. THIS ALSO HAPPENS TO BE A BEARISH HARMONIC GARTLEY PATTERN WITH DECLINING STOCHASTIC, RSI AND VOLUME AT THE END OF A KEY FIBONACCI CYCLE. PREVIOUS REPEATING STAIRWAY PATTERN SUGGEST'S PULLBACK COMING (SYMMETRICAL) . LOOK FOR APPROXIMATELY 618 RETRACEMENT FROM RECENT TOP (RESISTANCE). DISCLOSURE : I AM LONG ADMA, I MAY BUY/...