I think that the price will keep going uptrend. I cannot say until what price it would be uptrend. The highest price in the past was 103.
This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
Algorithmic 5 dys forecast of the day This forecast is based on algorithmic analysis using Artificial Intelligence and big-data.
Total portfolio results: correct prediction rate: 58% growth: + 6.8% — w/o leveraged products (e.g. cfd, options, …) — incl. 4 cents spread / transaction — stop loss = 1 ATR
The forecast is based on alfazens' algorithmic analysis using Artificial Intelligence and big-data: www.alfazen.com
ADI has to overcome the consolidating downtrend. If ADI could trade above the last valid mangenta "2" a longsignal would be generated. TPs on the way up could be 65,5 / 68,5$ Trading above 68,5$ will accelerate the upswing-move. The Chart turns beraish with Prices below the last mangenta "3?" and in particular below the last red valid "2" If you like it -like it!
1) ADI has retraced back to a validated uptrending support level 2) ADI has pulled back while pushing through its lower bollinger which should be viewed as a high volatility pull back long opportunity typical of most uptrends 3) Both the 100 simple moving day average and the 200 simple day moving average remain in a bullish configuration with the price above...
Today we have seen a drop of 2% with below average volume behind it. This indicates to me that this move down is just a small correction and I will look to get a long position from my buy zone which is highlighted green. Quite a simple set up and not much more to say about it!