bcrafty: I don't remember ADCT as one of my long-term picks, as my favorites in May were RMBS,AETH,NUAN,RBAK,JNPR,SSOL, as I recall. ADCT seems to be trending down still in the very short term, and could retest 33 1/2 or so, or at least 36.
Don't know the fundamentals, so cannot comment on it longer term, other than that the weekly stochastic is 60% going down(would like to see it reverse to up side before it goes below 50%), and daily is 31% going up, but didn't get oversold enough to give me confidence that it might not reach those support levels.
Above is not a recommendation to buy or sell ADCT. Always do your own research before investing. |
