ADSB, ADX, 1H, Demand Zone Bounce into Supply Test

* ADSB traded sideways through most of 2023 and early 2024, building a long-term base.
* In early 2025, price broke out aggressively from the **Daily ascending channel**, triggering a vertical rally into the 8.90–9.00 area before a sharp pullback.
* Current structure is consolidating inside a **local Demand Zone (7.88–8.00)**, sitting at both horizontal support and the lower bound of the recent breakout zone.
* This demand zone is also reinforced by the **Daily channel midline**, acting as a trend continuation pivot.
* Nearest overhead **Supply Zone** is at **8.91–8.94**, where prior rally stalled.
* Structure suggests that if buyers defend the current level, we could see a retest of the Supply Zone followed by a push toward **9.70**.

**Supply & Demand Zones:**

* **Demand Zone (Buy area):** 7.88–8.00
* **Supply Zone (Sell area):** 8.91–8.94

**Trade Idea:**

* **Entry:** 7.90 (Trendline Breakout)
* **Stop Loss:** 7.48 (below last high)
* **Take Profit:** 9.70 (Daily channel resistance & measured move target)
* **Risk/Reward:** ≈ 1:4.5

**Trade Management:**

* Move SL to BE once price clears 8.94 Supply Zone with conviction.
* Scale partials at 8.94 before holding runners toward 9.70.

**Risk Management:**

* Max \$ risk = 1–3% of account equity.
* Avoid oversized positions — sharp pullbacks are common in low-float ADX stocks.

> “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett

**Disclaimer:**
Not financial advice. For educational purposes only.