Adidas is one of the top 10 stocks in my shortlist. I don't know why but the chart is crazy bullish. And im expecting a parabolic move to the upside in 2020 I don't have any setups yet but waiting for the levels to watch for call options I'll be sharing ideas in a couple of days/weeeks
Most likely Adidas ( ADS) will test 296 level one more time, and current formation Cup With the Handle before it turns on the south. My play is pending 296. Still, 266 will be closely watched t.me
Looks like a double top in ADS daily chart and already continuous two days, its made lower lows. Risk level has been defined, at 0.5 fib level, seeing a risk: reward is 1:4
On the monthly chart of the instrument, the Elliott wave structure looks clear to me, where it looks like the price has finished the 4th Elliott wave with ABC zigzag in it. In addition, we can see a breakout of the bullish divergent bar with angulation. This looks like a perfect place to go long with targets in the 5th wave. SL below BDB.
triple negative divergence LTA
In our search for small cap bios to invest in, we spent a great deal of time looking into KTOV and we have become quite concerned at the share structure and use of "ADS" shares which are not considered legitimate, legal, or binding by either the american or Israeli stock markets this company trades on. Each ADS on the NASDAQ represents 20 ordinary shares in...