joshuanroberts
Long

ADTN: Broadening Top, right-angled and descending

NASDAQ:ADTN   ADTRAN INC
ADTN            
Breakout has not occured yet but for upward breakout, target price is 17.31 and downward breakout's target price is 12.44. Currently, it looks to be best setup for an upward breakout. Swing traders can short now if they want the intraformation trade and buy when it shows the reversal.

http://thepatternsite.com/Blog.html#P13
http://thepatternsite.com/rabfd.html
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