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Re: HammeringPickerton post# 29475

Monday, 05/11/2015 6:55:21 PM

Monday, May 11, 2015 6:55:21 PM

Post# of 174799
A golden cross is approaching on the daily chart, but on a longer term view the 50 week MA is descending. It is currently 0.0062, which is approaching the current price. The 0.0050 area shows some congestion on the weekly chart. The rather flat price action and lower volume of the past week reflects some resistance.

The weekly MFI is in overbought territory, and the trajectory of the Bollinger Bands and the money flow index (MFI) technical indicators are flattening.

ADMD has made a great rally off the December lows, but five months later the technical indicators are mixed. The bullish trend is still intact. Yet it may be time for a pause until the FDA news or other items of fundamental importance occur.

I've had a relative that was greatly helped by an earlier version of the therapy under development here. IMO many will benefit if this promising IP suite reaches its potential by quality financial practices.
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