ADMA BIOLOGICS INC NASDAQ:​ADMA

Buy the dip. 30% move up overdone for recent catalyst on 7/26.

ADMA is within a strong trend. Price, MACD and RSI are all lined up for a new push up the channel. Setting stop loss just below trend channel.

ADMA is running within a downward channel formation. It's getting some upward momemtnum & looking quite good. It seems trying to break out. It has lots of insider selling. We think it will be a good long trade. * Trade Criteria * Date First Found- December 26, 2017 Pattern/Why- Downward channel breakout Entry Target Criteria- pullback to $2.83 or breakout...

Long ADMA at 7.24, stop loss at 6.77 and trailing stop loss on the way up in order to keep your profit.