From a technical perspective I think the real breakdown happened in the first week of May when the 5 day EMA crossed below the 30 day EMA.
Been on the slide ever since after it became obvious that CE approval wasn't going to unlock fabulous riches overnight. I was certainly one of the believers early on. Going to be a slow burn from here until ADO finds a new sustainable low and evidence of sales revenue is revealed.
ADO Charting and Technical Analysis, page-1691
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