$JSEAIP - Adcock Ingram: Another Choppy, Steady Climber
See link below for previous update.
Adcock did not take off on the good interim results in the last update.
The technical picture is still the same and the stock has advanced very little in just under a year.
I am neutral on this stock as it is clear overlooked by the market and its price action is very choppy.
The stock is still displaying upward trend characteristics though of higher highs and higher lows with price neatly contained in an upward sloping channel.
Adcock did not take off on the good interim results in the last update.
The technical picture is still the same and the stock has advanced very little in just under a year.
I am neutral on this stock as it is clear overlooked by the market and its price action is very choppy.
The stock is still displaying upward trend characteristics though of higher highs and higher lows with price neatly contained in an upward sloping channel.
