$ADMA going to move soon?Here's my take on $ADMA, probably not worth much
Let me know if/how you plan on playing it
- Happy trading, stay safe
ADMA trade ideas
DEVELOPING TRADEWe 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.
ADMA LONG!!!! ICHIMOKU AND CANDLESTICKSWe notice a very strong support at the level of 2.34 on monthly timeframe. The price broke out that level but the last two candlesticks show that there are not too much power. So it seems a fake break out and probably the price will go up. Also we see that ten kan sen, the blue line of inchimoku goes up and wants to cross with the other line.Firstly, the price will go to the 3.61 level, to the media BB, then it will go to the 4.86 near the upper BBand finally to the 6.57 the higher level point of the canal. So it is a good idea to buy at that level!!!
ADMA potential path, I was wrong today, tomorrow ...Hey all.
Old trend line broken.... new line created for a bullish path.
my technical analysis of ADMA we see here that the stock already bounced off my diagonal resistance for the up-trend. if this bullishness continues off the bounce judging by the last rebound we can expect to see a 9% return very soon, however I have believe the analyst PT at $8.29. good luck happy swings
Stay out when Line L is broken to protect your portfolio!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 significantly. Let me give you an example. With the weekly chart of ADMA, you can see Line L is broken on Feb 23, 2015, followed by -$2.35 drop that is -23.94% of your portfolio. This happened again on Dec 28, 2015, followed by -$3.66 drop that is -46.50% of your portfolio. Again, this happened on May 8, 2017, followed by -$2.00 drop that is -48.16% of your portfolio. This pattern repeated on Dec 10, 2018, followed by -$2.48 that is -54.94% of your portfolio. Lastly, on Feb 3, 2020, Line L is broken followed by -$1.46 that is -$43.18%. Currently, Line L is at around $1.75, if Line L is broken again at $1.75 then there is a high probability the stock may be more bearish once the price breakout of this descending triangle pattern.
I used the market probe price level to determine the price for my Line L. A market probe is a way for the bulls and bears to measure the market desire to advance further in the current trend direction or not. For an explanation of a market probe, please read my article on December 12, 2020, with the title, "A Market Probe versus A Shadow."
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Greenfield
Disclosure: Just a market opinion by Greenfield Analysis LLC for educational purposes. This is not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Investment involves substantial risk. You should consider carefully before making an investment. Investment at your own risk.
Stock update for ADMA! +6.63% Today 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 $2.40. However, be careful of market volatility, I will remember to place a stop at $1.89. If the stock to trade lower than $1.80 on high volume, then there is a chance the bears will short sell the stock to the previous low of $1.55 or to a new low.
Just a humble market opinion by Greenfield Analysis. This is not a recommendation. Greenfield Analysis has no investment in ADMA, no plan to initiate a trade-in ADMA and does not receive any compensation for this market opinion. Please click like and follow to see more. Thank you for reading.
Greenfield
ADMA, A major test to watch!!!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 reversal may be coming if the bulls can move the price above $2.12!
Just a humble market opinion by Greenfield Analysis. Greenfield Analysis has no investment in ADMA, no plan to initiate a trade-in ADMA and does not receive any compensation for this market opinion.
Greenfield Analysis
ADMA Trend Reversalgood setup up allowing 3;1 rr, good stop-loss placement, and multiple trendline/channel breaks.
A Big Price Move Is Coming For ADMA!
Summary
* A big price move is expected to come soon for ADMA!
* ADMA is testing a major price level at $1.83!
* A bottom is not clear yet. The stock is still in a downtrend, but a short term upside move
is likely if the bulls can hold the price level from $1.52 to $1.83.
ADMA Biologics, Inc with the stock symbol ADMA is a biotech company focused on plasmaderived
biologics for the treatment of immune deficiencies and infectious diseases. The
stock is testing a major support price level again at $1.83. A big price move is expected
very soon and it could be a bullish or bearish breakout.
From the technical standpoint of the bears, the next price will be lower if the bulls cannot
defend the price level from $1.52 to $1.83. In that situation, a bearish three weeks pattern
will form, and I think it will be similar to a bearish concealing baby candlestick pattern. If
that is the outcome, the stock will hit a new 52 weeks low.
From the technical standpoint of the bulls, the next price move may be a bullish breakout
gap forming a three weeks bullish candlestick pattern also commonly known as an
abandoned bullish baby. If that is the outcome, a long trade with a price target of $2.69 is
expected.
The stock is currently still in a downtrend. I am still bearish and expect a lower price move
to come if the bulls cannot defend the price level from $1.52 to $1.83. I am short term
bullish if the price climbs higher to $2 with high volume.
A significant increase in volume since January 2020 indicated that a lot more shares have
been exchanged, but volume has been lower each week since October 2020. That is an
indication that the selling may has come to a stop. This further supports my small idea that
a big move will come soon.
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From the desk of Greenfield Analysis
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any
positions with 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving
compensation for it, and I have any no business relationship with any company whose stock is
mentioned in this article.
Bullish Charts - Plasma Play, FDA Approved Plasma FacilitiesADMA Biologics, Inc., a biopharmaceutical and specialty immunoglobulin company, develops, manufactures, and markets specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States. It offers BIVIGAM, an intravenous immune globulin product indicated for the treatment of primary humoral immunodeficiency (PI); ASCENIV, an IVIG product for the treatment of PI; and Nabi-HB, which is indicated for the treatment of acute exposure to blood containing Hepatitis B surface antigen and other listed exposures to Hepatitis B. It also develops a pipeline of plasma-derived therapeutics, including products related to the methods of treatment and prevention of S. pneumonia infection for an immunoglobulin. In addition, the company operates source plasma collection facilities. The company distributes its products through independent distributors, sales agents, specialty pharmacies, and other alternate site providers. ADMA Biologics, Inc. was founded in 2004 and is headquartered in Ramsey, New Jersey.
BREAKING NEWS TODAY - 07/30/2020
ADMA Biologics shares are trading higher following a report suggesting the company is near receiving emergency use authorization of Convalescent Plasma in COVID-19 patients.
www.benzinga.com
On July 6, 20, ADMA opened a new plasma facility and is awaiting emergency authorization for a second location.
finance.yahoo.com
With the FDA asking for everyone to donate plasma, this stock could rip!
Plasma stocks ripped today and continue to rip.
This company already is up and running one plasma facility.
Game On!
Long
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
not a penny stock guy, but...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 ;)
Not a big penny stock guy..... butOk 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 likely take a position in this tomorrow.
LONG on ADMA. Support on Prev. PIVOTHistorically it has found support on Previous Monthly Pivot point. It should at least give me the chance to enter the market at a turning point with low risk and high possible reward. As always, the risk is certain but reward is only probable. Trade with care.
BEARISH HARMONIC GARTLEY 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/ SELL WITHIN NEXT 72 HOURS. I AM NOT A FINANCIAL ADVISER AND THIS IS NOT A NOTE TO BUY OR SELL.
Repeating Pattern #VolatilityWatchNeckline (outlined in blue) for inverse Head and shoulders.
Harmonic Cypher pattern @786 retracement, where ADMA bounced.
RSI moving up with trend, showing strong accumulation (Bulls in control)
Highlighted in the blue box's is a pattern that I've been watching for awhile now. As you can see, they are very similar and just so happens that today's close was pushing up against the top of the neckline for the head and shoulders.
Seems ADMA could have a significant move within the next few days
Also, for those who aren't familiar with ADMA, they do have an announcement/PR for one of their lead products - Bivigam, to launch... Coming soon =)
Please like and follow so I can continue finding awesome charts. Thank you in advance everyone d=)
Disclosure: I am long ADMA. This is not a note to buy or sell, please do your homework before investing.
