$ADS - update to prior idea

Update to prior idea

The trade:

• See if it finishes the cup between $81 and $83
  
• Buy the dip when the handle forms
  
• Hold on and take profits
  

The details
The "classic" cup and handle pattern has
at least a 30% increase, followed by no more
than a 30% decline, then finishes the cup
over the span of at least 1 month.
The handle will be a pullback of around 5%
followed by a rally

More positive indicators:

• broke a major down trend
  
• golden cross on the horizon
  
• positive earnings were significant last quarter, juxtaposed the prior quarter
  
• analysts predictions
  
• rebounded from acquisition of Bread
  
• very few bag holders as the price increases according to volume shelf