American Diversified Holdings Inc (ADHC)

[BOS]

Churn through the profit takers. Consolidation. Forming higher lows and higher highs.

Stocks that go straight up come straight down.

Each level we build new support to base off of to go higher.

The stock has moved over 400% from the low in a short amount of time.

Consider the buying volume from whoever dumped or panic sold not long ago. People were soaking up those shares and are up big time on their profits.

As those profit takers sell to others that are willing to wait longer for higher gains, we consolidate.

Then you have to consider the people that bought into previous rallies at the top and have been holding shares at a loss... they typically can't wait to get rid of them as soon as they can even get close to their investment back. That is resistance. Which is noted at .0008 and .0011

Add that with the guys that bought in low and are up 100's of % taking profits, you could have substantial selling volume that you need to churn through as more buyers see this as a bottom reversal are willing to buy up and hold those shares for bigger gains down the road.

Not telling anyone to buy or sell... I am saying from the way it's traded so far. I don't see diluting. If one does their DD and research they would see why I say that outside of just volume and chart.

Bottom plays aren't for everyone. Highest risk and highest reward.

All IMO