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ADI

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Regular Contributor

ADI

Nice Pullback, So tempting!!........ I may want to accumulate more. I think market over-reacted with recent results. In my opinion I think these guys will do great in the longer term.

5 REPLIES
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Contributor

Re: ADI

[ Edited ]

ADI.JPG

 

From a purely tehcnical standpoint I would be a little hesitant to purchase more right now, even with the long kangaroo tail from today in a previous price congestion zone.

 

If it has as much upside potential as you believe, and you are making a long term play, it might not hurt to wait for more confirmation before accumulating more. 

 

Thats my 2 cents for what its worth :) Good luck

Occasional Contributor

Re: ADI

Yes, should see by end of day whether we have proper reversal off R12

Occasional Contributor

Re: ADI

No disrespect meant to your well illustrated post, StuS, I only saw it after
Regular Contributor

Re: ADI

Thank you
Occasional Contributor

Re: ADI

Was hoping for more convincing reversal, but volume reasonably good, so I'm in on a small long. I see the sens published at 5 pm refers to corporate activity. Anyone know? Is this the trigger for the next leg higher?