Aug. 26 at 8:56 AM
$ADXN Interesting action early this morning. Up double digits premarket and, more importantly, it’s holding much of the initial move instead of immediately giving it back.
I’m watching the
$4.40–
$4.43 area closely. A break and hold there with increasing volume would make things a lot more interesting.
The short-term 3m/5m/15m momentum indicators are starting to turn bullish, but volume still needs to confirm it.
Let’s see what happens when more traders wake up.
