marioskarathanasis

ADMA LONG!!!! ICHIMOKU AND CANDLESTICKS

Long
NASDAQ:ADMA   ADMA Biologics Inc
We notice a very strong support at the level of 2.34 on monthly timeframe. The price broke out that level but the last two candlesticks show that there are not too much power. So it seems a fake break out and probably the price will go up. Also we see that ten kan sen, the blue line of inchimoku goes up and wants to cross with the other line.Firstly, the price will go to the 3.61 level, to the media BB, then it will go to the 4.86 near the upper BBand finally to the 6.57 the higher level point of the canal. So it is a good idea to buy at that level!!!
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