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The_Cannalyst
Jul 1, 2016 12:03 PM

Analog Devices on the hop? Long

Analog Devices, Inc.NASDAQ

Description

ADI has to overcome the consolidating downtrend.
If ADI could trade above the last valid mangenta "2" a longsignal would be generated. TPs on the way up could be 65,5 / 68,5$
Trading above 68,5$ will accelerate the upswing-move.
The Chart turns beraish with Prices below the last mangenta "3?" and in particular below the last red valid "2"
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Breakout started today

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aha

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Phantastic!

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