ADN CHART, page-4267

First time posting in the ADN charts thread, and still relatively new at charting, so please go easy on me!

Its a very interesting set-up at the moment, almost 'decision time' for ADN from a TA perspective. We're still well within the recent trading channel (pink lines) and on the good side of the prevailing trend line from early September (light blue).

Would love to see SP stay above the trend line, but no need to worry if it dips below it as long as we stay within that channel and above the 50 day EMA (yellow line). Should that not hold, next support line would be 24c (from the gap up in Nov that was subsequently closed and bounced higher off). Failing that, 19.5c comes into play as next major support. I should add, I'd be VERY surprised if that failed.

I'd be looking to accumulate aggressively in we fell into the 19.5-24c range. I'm always adding to my position on a weekly basis, as I strongly believe in ADN and its fundamentals. Here's hoping the trend line holds, and we continue to see the fantastic growth we've seen so far.