Stock update for ADMA! +6.63% Today
Updated
Stock update for ADMA! +6.63% Today
The stock symbol ADMA had a large market move today +6.63% that is close enough to my price target call of $2.12 on Dec 7, 2020 (please check my previous article on Dec 7, 2020). Remember what I said earlier, the stock must prove itself a winner by staying above $2.12. Currently, I have a short-term price target of $2.40. However, be careful of market volatility, I will remember to place a stop at $1.89. If the stock to trade lower than $1.80 on high volume, then there is a chance the bears will short sell the stock to the previous low of $1.55 or to a new low.
Just a humble market opinion by Greenfield Analysis. This is not a recommendation. Greenfield Analysis has no investment in ADMA, no plan to initiate a trade-in ADMA and does not receive any compensation for this market opinion. Please click like and follow to see more. Thank you for reading.
Greenfield
The stock symbol ADMA had a large market move today +6.63% that is close enough to my price target call of $2.12 on Dec 7, 2020 (please check my previous article on Dec 7, 2020). Remember what I said earlier, the stock must prove itself a winner by staying above $2.12. Currently, I have a short-term price target of $2.40. However, be careful of market volatility, I will remember to place a stop at $1.89. If the stock to trade lower than $1.80 on high volume, then there is a chance the bears will short sell the stock to the previous low of $1.55 or to a new low.
Just a humble market opinion by Greenfield Analysis. This is not a recommendation. Greenfield Analysis has no investment in ADMA, no plan to initiate a trade-in ADMA and does not receive any compensation for this market opinion. Please click like and follow to see more. Thank you for reading.
Greenfield
Note
Dec 9, 2020, A bullish continuation day for ADMA +6.22%The stock ADMA opened the day with a gap above the previous day's high. Tested both price levels that I predicted $2.41 & $2.12. The stock ADMA today gained another +6.22%. My short-term price target is still $2.41. Remember previously I said, "The stock must prove itself a winner by reaching that price and staying above it." I think the stock is still very bearish, but bullish short-term. I will be very careful and remember to place a very tight stop loss.
Just a humble market opinion by Greenfield Analysis. This is not a recommendation. Greenfield Analysis has no investment in any of the securities mentioned in the article, no plan to initiate a trade in any of the securities mentioned, and does not receive any compensation for this market opinion. Please click Like and follow to see more. Thank you for reading.
Greenfield
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