AD8 - Growth stock - Chart says its ready to breakout.

AUDINATE GROUP LIMITEDASX

Descrição

⋅ 15 de Out de 2020 06:59

Could be a good time to get into AD8. Not my fav setup but looks promising.

Technicals - Ready to break high that presented back in June, AGM was meet with positivity resulting in high volume. Looking to get in on breakout.

Key Fundamentals - 2020 - 2024 research forecast that demand will triple for networked audio.

From latest AGM asx.api.markitdigital.com/asx-research/1.0/file/2924-02293959-2A1256469?access_token=83ff96335c2d45a094df02a206a39ff4

Trade fechado manualmente

⋅ 21 de Jan de 2021 00:58

Chart still suggests its bullish, but, Happy to move capital at this point.

Comentários

valkmire

⋅ 24 de Mar de 2021 12:34

Hey mate, I really like your previous post on Ad8. Can you please share the technical set ups you used for this post? I can see all the EMAs but what is the light pink histogram thingy and what do you use it for?

Also the stock is nearing its previous support level at $7. What's your view on this now?

rutt

⋅ 24 de Mar de 2021 22:09

@valkmire, Hi mate, the light pink histogram is the 18 EMA, you can change the EMA to histogram inside the settings, just a personal preference for visual purposes.

As far as the current AD8 chart goes, yes, the key $7 level is now being tested which is also at the 200 EMA. I'm watching, but I dont really have a view TBH, as the chart is way too messy and the overall market sentiment is sniffing a little bearish.

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