ADS
has very strong hourly chart, so I believe this should be a quick trade. Momentum is also strong on daily and weekly time frames, so high probability price can reach 23.6% fib-fan level seems high. 245.5-246 level also coincides with weekly 200 day MA.
Comment:
A quick trade indeed. The high ended up being 245.86 after a gap up the next morning and quick run hitting it's 200-sma.
Trade closed: target reached