Jul. 17 at 1:14 PM
$ADCT Adc Therapeutics stock, watch for an upside gap breakout at https://stockconsultant.com/?ADCT
Breakout trade
WATCH for possible breakout above 1.37
Target: 1.68, 24.4% Stop: 1.23 Loss: 8.9%
P/L ratio: 2.7 : 1 - Good
BULLISH
[Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
[Timing] Strong bullish 3 day candlestick pattern with Mild 3 day accumulation.
[Timing] Good bullish 1 day moneyflow
[Timing] breakout watch above 1.37, no resistance in area just above.
BEARISH
[Positioning] Short term typical rally, rally may start to slow.
[Positioning] at resistance