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realchartchamp
Mar 19, 2024 7:30 PM

ADTN 680%+ Long-Term Trade With Risks to Consider Long

ADTRAN Holdings, Inc.NASDAQ

Description

ADTN is approaching my buy zone between $4.79 and $5.13 near historic lows. There are four key price targets on the way up, and the highest price target gives a potential ROI of around 680% if ADTN is able to return back to previous all time highs. There are some financial risks and concerns surrounding ADTN so I recommend reading articles to better understand the situation.

Entry Price: $4.79 to $5.13

Sell Targets:
- $7.48
- $13.71
- $24.90
- $37.46

Stop Loss: $4.65

I do recommend a stop loss given the financial concerns for ADTN.
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