ADMP is forming an ascending triangle . If price goes through resistance line we have two potential targets ahead to fill the gap. GL
isn't it a bearish divergence in RSI tops?? not saying its enough to cancel the operation but.. still that's something to take into account since it indicates weakness
roosgar ferran7
@ferran7, You should not use RSI alone to decide entering or exiting a trade, you have to combine it with other TAs. RSI interpretation also varies according to the type of financial instrument you are trading (fast moving stocks vs slow moving stocks). Also consider that an RSI of 50 is not necessarily oversold or overbought. More importantly, look also at previous RSI level break out history when analyzing a stock.
ferran7 roosgar
@roosgar, okk
roosgar ferran7
@ferran7, no problem, the gap is filling soon, SL at 3.37, GL
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