ADMA - Downward channel breakout long from $2.83/$3.21 to $4.43

٢٧ ديسمبر ٢٠١٧

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 above $3.21
Exit Target Criteria- 1st Target $4.43, 2nd Target Momentum
Stop Loss Criteria- $2.37
Indicator Notes- Twiggs money flow turned to the positive side
Special Note- Lots of insider buying

Please check back for Trade updates. (Note: Trade update is little delayed here.)