[AVDL] Small Caps land for a pharmaceutical positionThis asset has been in my watchlist for a while, with a lot of good entries on it for a long term bullish scenario.
Here we can see a lot of confluence on this level for a potential long entry. We have multiples support from different timeframe (daily one and 4h one too), the fibonacci retracement level perfect bounce (needs to hold it now) and a liquidity trap.
This asset can fall very quick so let's be flexible on it and cut the position when the price come back at us
Great Trade !