AcornWealthCorp

ARDM -Very speculative Long from current label to $2.87

Long
NASDAQ:ARDM   None
ARDM is a very speculative long setup. It seems forming a fallen angel type of pattern. It crossed up MA resistance with very good volume & seems good upside potential.

Trade Criteria
Entry Target Criteria- Speculative entry at current label ($1.89)
Exit Target Criteria- $2.87
Stop Loss Criteria- $1.53

You can check detailed analysis on ARDM in the trading room/ Executive summary link here-
www.youtube.com/watch?v=l4PrF1Px...
Time Span- 4:00"
Trade Status: Pending
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Comment:
January 31st- Struggling to to continue a strong uptrend. We may take this off early.
January 25th- Very good upward move with higher volume. Went up as high as 10%, and closed the day 4.76% higher.
January 24th- Nice upward move today & closed above Opening price. Looking very good as long now.
January 23rd- Showing some strength, but still below opening price. Wait & see situation.
January 20th- Consolidating above MA20 line, wait & see situation.
January 17th- Sudden sharp decline, not looking very good.
January 12th- Traded into opening price, now wait & see.
Comment:
February 6th- Nice 4.17% gain today & traded above EMA lines, looking good as long.
February 8th- Awesome move today up from 1.89 entry hitting first target today discussed in trading room last night.
February 9th- Huge 6.77% upward move today. Seems getting upward momentum.
Comment:
March 13th - Another 4.26% upward move today crossing above MA lines. Looking very good.

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