$ADMA - Post-CorrectionIf you enjoy my analyses and want access to my indicators, consider following and supporting me.
After the correction that ended at the 1-Year Simple Moving Average support, the price made significant breakouts, indicating a possible resumption of the long-term uptrend.
Entry: 18.00
Technical Confirmations:
Breakout SMA 3M (Breakout of the 3-Month Simple Moving Average)
Breakout ATHL HA M (Breakout of the Monthly Heiken Ashi Average of Tops and Lows)
Breakout ATHL HA W (Breakout of the Weekly Heiken Ashi Average of Tops and Lows)
Support SMA 1Y (Support of the 1-Year Simple Moving Average)
Vol. 5D > SMA 100D (Volume of the Last 5 Days Above the 100-Day Average)
ADMA trade ideas
ADMA – ADMA Biologics Inc. – 30-Min Bullish Breakout Setup!📈 🚀
🔹 Asset: ADMA (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Trendline Support + Falling Wedge Breakout
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $20.30 (breakout confirmation above wedge resistance)
✅ Stop-Loss (SL): Below $19.72 (below trendline and key structure)
🎯 Take Profit Targets
📌 TP1: $20.90 – Minor resistance & last swing high
📌 TP2: $21.72 – Major resistance / profit-taking zone
📊 Risk-Reward Ratio Calculation
📉 Risk:
$20.30 - $19.72 = $0.58 risk per share
📈 Reward to TP1:
$20.90 - $20.30 = $0.60 (1.03:1 R/R)
📈 Reward to TP2:
$21.72 - $20.30 = $1.42 (2.44:1 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Wedge: Price consolidating with higher lows and lower highs, signaling potential breakout
📌 Trendline Support: Strong base holding since March 18th — bullish structure intact
📌 Volume Observation: Watch for a pop in volume as confirmation of breakout
📌 Yellow Zone: Mid-level area reclaiming previous resistance turned support
⚙️ Trade Execution & Risk Management
📊 Entry Confirmation: 30-min candle close above $20.30
📉 SL Strategy: Place SL below trendline at $19.72
🔁 Trailing Stop Strategy:
✔ SL to breakeven at TP1
✔ Trail above $20.60 toward TP2
💰 Profit Booking Strategy
✔ Take 50% profit at TP1 = $20.90
✔ Hold remaining toward TP2 = $21.72
✔ Raise SL progressively to secure profits
⚠️ Setup Invalid Conditions
❌ Breakdown below $19.72 invalidates trend and wedge
❌ Avoid entry without bullish close above wedge
🚀 Final Thoughts
✔ Great trendline support + falling wedge = strong technical confluence
✔ Breakout from yellow zone can trigger a quick move toward $21+
✔ Clean, well-structured long setup with 2.4:1 potential R/R
ADMA (ADMA Biologics Inc.) – 30-Min Long Trade Setup! 🚀
🔹 Asset: ADMA – NASDAQ
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout (Rising Wedge & Fibonacci Confluence)
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $20.60 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $19.75 (Key Support Level)
🎯 Take Profit Targets
📌 TP1: $21.68 (Resistance Level)
📌 TP2: $23.20 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$20.60 - $19.75 = $0.85 risk per share
📈 Reward to TP1:
$21.68 - $20.60 = $1.08 (1:1.27 R/R)
📈 Reward to TP2:
$23.20 - $20.60 = $2.60 (1:3.05 R/R)
✅ Favorable Risk-Reward Ratio toward TP2
🔍 Technical Analysis & Strategy
📌 Rising Wedge Breakout: Price action is holding above key levels, signaling bullish momentum.
📌 Fibonacci Confluence: The 0.382, 0.5, and 0.618 retracement levels provide strong support.
📌 Volume Confirmation Needed: Look for above-average buying volume above $20.60 to validate the breakout.
📌 Resistance at $21.68: A breakout above this will strengthen the bullish move toward TP2.
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $20.60 before entering.
📉 Trailing Stop Strategy: Move SL to break-even ($20.60) after hitting TP1 ($21.68).
💰 Partial Profit Booking Strategy
✔ Take 50% profits at TP1 ($21.68), let the rest run toward TP2 ($23.20).
✔ Adjust Stop-Loss to Break-even ($20.60) after TP1 is reached.
⚠️ Risks & Considerations
❌ Fake Breakout Risk: If the price fails to hold above $20.60, exit early.
❌ Confirmation Required: Wait for a 30-min candle close above $20.60 before entering.
🚀 Final Thoughts
✔ Bullish Setup – Strong upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:3.05 toward TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #ADMA #NASDAQ #LongTrade #TradingView #ProfittoPath 💰📊
New Setup: ADMAADMA: I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high. If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
Market update 6/2/2024Just going through the usual updates. I'm mostly doing these videos for myself kind of like a trading journal and also to look back on it later whether I was right or wrong about some things. I don't have notes and I completely improvise it so I probably misspeak sometimes, also that's why there's no structure to what I'm saying, I just talk about what comes to mind. I also want to keep track of my performance, my mindset and the rationale for the trades I'm making. I've been recording these every week for 2 months now but only decided last week to start making them public, so will keep doing that. Not sure if anyone will find it useful, but if I ever become rich, at least I have proof. And if I don't make it and I go broke, then you can also learn from me which is what not to do! But in general, these will probably keep me accountable and disciplined, so I like publishing these.
ADMA daily reversal on high volumeDaily price candle reversal to the upside on a 3X daily average volume (due to a large 2M buy order at 12:10pm EST) at major demand zone $3.20 - $3.37.
Double digit y-o-y revenue growth, improving quarterly earnings (EPS loss decreasing), EPS to turn positive by end 2024 or early 2025. Next catalyst is the Q3 earnings release in early Nov.
Related sector is Biotech. Using XBI ETF as reference, the sector is in the process of bottoming on high volume with positive divergence with RSI, although this process is not yet completed.
A more conservative time for entry is to wait till next week for signs of positive price momentum to show up in the weekly candlestick.
ADMA Break OutThe MACD recentlty crossed and both the short and long term force index turned positive.
The 8/11 candle broke above resistance and closed there, taking out the 1 Fibonacci level while doing so. Despite the long upper wick on 8/11, the 8/12 candle closed above the prior close and also closed above the descending trend line.
Targeting: $2.61, $3.11
Relative Strength in Biotech - ADMA (1/5) To highlight my point in the previous $VIVO post, here are 5 other charts in the Biotech sector that have shown relative strength lately. Don't get me wrong, the market is still on a downtrend, but should we reverse and start a new uptrend, this sector may potentially be the next one to lead a new bull market.
Long
Preferred Stock
The Company is currently authorized to issue up to 10 million shares of preferred stock, $0.0001, par value per share. There were no shares of preferred stock outstanding at September 30, 2021 and December 31, 2020.
Common Stock
As of September 30, 2021 and December 31, 2020, the Company was authorized to issue 300,000,000 and 150,000,000 shares, respectively, of its common stock, $0.0001 par value per share, and 138,313,817 and 104,902,888 shares of common stock were outstanding as of September 30, 2021 and December 31, 2020, respectively. On May 27, 2021, the Company’s stockholders approved an amendment to the Company’s certificate of incorporation which increased the number of shares of common stock that the Company is authorized to issue from 150,000,000 to 300,000,000. After giving effect to the 16,828,915 shares reserved for outstanding warrants and awards issued or reserved for future issuance under the Company’s equity incentive plans, as of September 30, 2021 there were 144,641,489 shares of common stock available for issuance.
On August 5, 2020, the Company entered into an open market sale agreement (as amended from time to time, the “Sale Agreement”) with Jefferies LLC (“Jefferies”), pursuant to which the Company could offer and sell, from time to time, at its option, through or to Jefferies, up to an aggregate of $50 million of shares of the Company’s common stock. On November 5, 2020 and February 3, 2021, the Company and Jefferies amended the Sale Agreement to provide for increases in the aggregate offering amount under the Sale Agreement such that the Company could sell shares having an aggregate offering price of up to $105.4 million under the Sale Agreement, as amended. During the nine months ended September 30, 2021, the Company issued and sold 27,805,198 shares of common stock under the 2020 Sale Agreement and received net proceeds of $60.4 million. The Sale Agreement was terminated on August 31, 2021.
Sec.gov On September 3, 2021, the Company entered into a distribution agreement with Raymond James & Associates, Inc., as agent (“Agent”), pursuant to which the Company may offer and sell, from time to time, at its option, through or to the Agent, up to an aggregate of $50 million of shares of the Company’s common stock (the “Distribution Agreement”). The Company currently intends to use any net proceeds from the sale of its common stock under the Distribution Agreement for general corporate purposes, including procurement of raw materials, source plasma, supply chain initiatives and production expenditures, funding expansion of plasma centers, working capital, capital expenditures, expansion and resources for commercialization activities, and other potential research and development and business opportunities. During the nine months ended September 30, 2021, the Company issued 5,540,831 shares of its common stock under the Distribution Agreement and received net proceeds of $6.9 million.
On February 11, 2020, the Company completed an underwritten public offering of 23,500,000 shares of its common stock for gross proceeds of $82.3 million. On February 21, 2020, the Company sold an additional 3,525,000 shares pursuant to the underwriters’ exercise of their option to purchase additional shares of the Company’s common stock for additional gross proceeds of $12.3 million. The Company received net proceeds, after underwriting discounts and other expenses associated with the offering, of approximately $88.7 million.
Warrants
At September 30, 2021 and December 31, 2020, the Company had outstanding warrants to purchase an aggregate of 4,528,160 shares of common stock, with a weighted average exercise price of $2.82 per share and expiration dates ranging between June 2022 and December 2030.
2024 long SEC.gov The Company believes that a debt refinancing and expansion of its current debt facility, combined with the proceeds received from the foregoing public offering further discussed in Note 14, will be sufficient to fund its operations into the first quarter of 2024, at which time the Company believes its operations will be cash-flow positive. The Company is also evaluating a variety of strategic and financing alternatives and has engaged Morgan Stanley as a financial advisor in connection with certain of those strategic alternatives. There can be no assurances that the Company will be able to successfully refinance or expand its existing debt to obtain additional non-dilutive financing. These estimates may change based upon several factors, including the success of the Company’s commercial sales of its products, manufacturing ramp-up activities, the acceptability of ADMA’s immune globulin products by physicians, patients, or payers and the various financing options that may be available to the Company.
ADMA LongHook Reversal
Trendline break
WR% crossed -80
Entry 1.5
Stop 1.3
Target 2.4
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
ADMA at 50 on Fib RetracementADMA is hovering around the 50 retracements with a lot of sell orders on the books probably from people trying to get out at 1.90. Buy orders look good though in the face of this massive sell-off. This is was after news dropped that analysts saw the price between 6 and 11 dollars. Although ADMA has been struggling to turn a profit most of these reasons have been to position themselves for the infrastructure necessary to start pulling in good returns. This FDA approval is looking more and more like the catalyst necessary to break through 3 dollars.