This is one of my favorite aristocrat dividends ETF.
But i wont buy until i see something very bullish.
This up move is not what im looking for.
The big surprise is on the downside, not the upside.
Trade at your own risk!
AD has been in a decline since 2015 which I believe is due to the slow EPS growth rate which looks only to be about 5% a year now compared to a 30% in the preceding years. This seems to have created a falling wedge with a price floor of about $18. Looking like AD could be breaking out and hit around $24ish this year and if the company continues with positive could...