ADO simply needs to find a base..there after it need to build on that base...Technically the stock is on an longterm uptrend BUT the short term chart is in search for a base...that base and imho should be found at the gap of .21 and there after at .20 which is major support and the longer term uptrend as depicted below.
To conclude I am looking for a buy at the .205 level with a stop loss at .18 ...I also believe that the .205 level can be achieved in the not to distant future inturn strengthening the technicals for the longer term.imo
technical analysis
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