Panjang
ADOM- Volume surge and New uptrend?
ADOM closed up on Friday 05/18/2018 $1.12 and after hours at $1.21.
Closed strong crossing over the 50 moving average of $0.92 giving it a better indication of a possible new uptrend to be established.
Strong ADX over 30 with DMI + over 50 and DMI- over 13 making it also another indication that the bulls are currently pushing this stock forward. Would like to see this move up more to establish a continuation in the trend. However looks good for a swing with new orders $6.5 M by BlueBird for electric school bus drive train systems.
If you are looking to enter this key price levels are
Entry/ Support 0.35/0.6/0.75 Pivot is 1.01 resistance is 1.39/1.67/2.05/2.11.
I would enter around 1.01 to 1.19 with a wide entry range I would keep stop loss 10 cents under my bid.
Closed strong crossing over the 50 moving average of $0.92 giving it a better indication of a possible new uptrend to be established.
Strong ADX over 30 with DMI + over 50 and DMI- over 13 making it also another indication that the bulls are currently pushing this stock forward. Would like to see this move up more to establish a continuation in the trend. However looks good for a swing with new orders $6.5 M by BlueBird for electric school bus drive train systems.
If you are looking to enter this key price levels are
Entry/ Support 0.35/0.6/0.75 Pivot is 1.01 resistance is 1.39/1.67/2.05/2.11.
I would enter around 1.01 to 1.19 with a wide entry range I would keep stop loss 10 cents under my bid.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.