ADTN is approaching my buy zone between $4.79 and $5.13 near historic lows. There are four key price targets on the way up, and the highest price target gives a potential ROI of around 680% if ADTN is able to return back to previous all time highs. There are some financial risks and concerns surrounding ADTN so I recommend reading articles to better understand the...
ADTRAN Holdings, Inc. stock shows to be oversold on the stochastic oscillator (over 90). Moreover, We notice the presence of a bearish pin bar that is way above the Bollinger band of EMA as well as the 20 ema lagging far behind. Therefore, we anticipate that price will drop in retracement down until a potential resistance level in yellow.
Entry, stop loss... are...
Trying to stay picky and take only the bull markets I know and love. The profitable plays are in obviously trending bull markets. When this is all said and done I will know and understand what I am trying to share with you today. Play the Trending Bull Markets.
Bull markets are always available. If you are interested in your own long term success, play the...
Hello Traders!
For about a month now, the price of Adtran Inc. has been moving within a symmetrical triangle. A breakout is coming nearer and nearer, especially because of the divergence pattern with the MACD. The only question is if it will be a bullish or a bearish breakout. The divergence occurred while the price was still on an uptrend, which would indicate a...
ADTN showed up on my FinViz Breakout Scanner.
Based on Earnings report transcript future is promising as it continues to show strong QoQ sales growth.
Looking to buy the open of 22nd April 2019 or 15.35 which is the previous quarter resistance level which may act as support.
Also RVOL is more than 2.
Target: 18.35
Stop Loss: 14.50
R/R: ~3.5
ADTN broke through moderate resistance to confirm a completion of its short-term bottom formation. ADTN has a previous all-time high of approximately $47.00. Profit-taking is likely as it nears the resistance from the lows of the prior sideways pattern above the current price.
Bears have not relented and may continue un obstructed into new year with all signals massively down. Price of $19 PUT option increased by 1,100% over two trading sessions.
BREAKOUT WATCH for possible breakout above 17.53, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 18.59, 8.2% Stop: 16.74 Loss: 2.6% P/L ratio: 3.2 : 1 - Excellent
