Re-Painting the painting... ADTM uptrend

apok (33)in #untalented • 6 years ago

Follow along :
Original trading idea here : https://steemit.com/penny-stock/@apok/chart-art-painting-a-picture

Update #1 : https://steemit.com/money/@apok/painting-a-picture-continued-chart-art-adtm

Update #2: https://steemit.com/untalented/@apok/adtm-update-painting-a-picture

Progress since the original post...

The market offered 100% gains but since has supported the idea from the previous update here : https://steemit.com/untalented/@apok/adtm-update-painting-a-picture

Now that we are here, time for an update...

This looks like a nice support area... Lets paint another picture

We started a bold green trend line here... Let's see if the market wants to follow along...
From this perspective, it looks like a possible bull flag setup... Combined with a bounce off of the 200 day MA, the low RSI and the consistent volume, this looks like a profitable trade setup...

Allow me to address that this is not financial advice... It is recommended that you do your own due diligence, fundemental and technical analysis before purchasing any asset. I simply enjoy looking at the charts...