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ADVS has had a nice run since the 50 DMA crossed above the 200 DMA in early June. As you can see from the chart below, the 50 DMA has been a strong level of support on several occasions (marked by the white arrows) over the past seven months, and now we are about to see if this level can prop up the shares once again. We'd expect to see ADVS head higher from here, but this outlook will change once we see the price fall below the 50 DMA. The next target would be the 200 DMA in the event that it falls below the support of the 50 DMA.

We've also added the MACD, which is currently in the process of crossing above its signal line. If we see a solid cross here it would confirm the short-term move higher, possibly back toward its November highs.

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