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Margo_Amala
Mar 19, 2023 1:40 AM

$ADI Squeeze/ Equilibrium Pattern 

Analog Devices, Inc.NASDAQ

Description

ADI in a daily squeeze/equilibrium pattern tightening up. Weekly consolidation came off all time high’s 5 weeks ago. Stacked bullish EMA’s on the daily/ weekly. If we see some bullish continuation in the markets, especially in tech - ADI is poised well for a bullish play if we see a bull break this squeeze/eq pattern. If top or bottom fishing for a position inside the Eq pattern, take note of the way ADI moves with lunar declination: maximum and minimum lunar declination correlate well with pivots within 1-2 days.


NASDAQ:ADI
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