ADMP awaiting take off

1D chart looking very favourable.

I believe that this is impulse 3 of the Elliot wave. Impulse 2 retraced price to the 0.786 Fibonacci level, where there was a support.

As circled on the chart. I believe that ADMP will soon take off because MACD is about to intersect, MACD is coming out on top.

Stochastic RSI is pointing upwards and ichimoku cloud just intersected.

Let me know what you think

Komentarz:

Update, The MACD just crossed, and Ichimoku crossed to green.

EDIT:11/02/21