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stocktrademan

06/01/21 12:17 AM

#222 RE: Avidfisher #221

I like ADOM right now, on the weekly it looks like it is bouncing off 100 moving average support, 50 above the 100 golden cross bullish, almost like a morning star candlestick pattern bounce, should be a good bull flag, reminds me of a huge inverted head and shoulders bottom forming, oversold range bound indicators at a chart support, bouncing off lower bollinger band, lots of different support types confluence,

could be worth a trade has a lot going for it to bounce upwards from here

when the charts are going spaghetti sideways look at the rangebound indicators and try to find out where they all line up in the lower boundary for the best buying opportunity...check different timeframes too

https://stockcharts.com/c-sc/sc?chart=adom,uu[e,a]whclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b