DerekD_

$ANDV - Ohhhhhh the bearishness

Short
NYSE:ANDV   None
Deeeeefinitely one to keep on watch. Earnings Monday after market close. Luckily, I re-checked my earnings list for Monday just to peep any big moves towards the up-side just because of the red flags it raises - target price was initiated @ $158 by Mizhuo just today which, really is icing on the cake when mixed with a weekend right before earnings lol. I wana keep the top out price range around $154 - $156, but I won't ignore the very legitimate possibility of price reaching $158 before RSI really starts to decay. Daily doesn't show as much detail as to where price / est. time of a big move would be - but the 4 hour is tssshhhhh............ ouch. Red vertical lines are my 2 best estimates of volatility spiking whereas the 55 low MA uses blue 180 WMA as resistance - typically, it's just the instantaneous price reaction (to the downside) needed to balance out where past 55 candle (lows) are vs. where the past 20 (for example) candle (closes) are. If surging was the action, plummeting is the reaction. Another "typically" note - I usually see this setup w/ imperfect double tops (more or less, 2nd top is a bit taller than the 1st). But a few examples:






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