
High Volume Edge: ADMA +113% in 147 Days
Ameet Rai
Electrical Engineer and Swing Trader focused on achieving super-performance. Through extensive studies of previous super-performance stocks and proprietary data-based research I provide guidance for new traders with an emphasis on building processes and teaching traders how to think and trade for themselves.
Published: October 5, 2024
ADMA is not the fastest mover you’ll see based on the HV Edge but still very effective given it was a Highest Volume in a Year and not the HVE (Highest Volume Ever) or Highest Volume Since IPO (HVIPO) which I prefer.
Key Characteristics:
1. Edge: High Volume in a Year
2. Entry Tactic: Day 2 Volume Support
3. Closing Range: Good on Gap Up Day
4. Price respected Key Moving Averages (10 Day, 21 Day) while trending
5. Whole Number Respect for $10 is a sign of accumulation
6. Relative Strength Phase BEFORE Highest Volume in a Year is a BIG tell
7. Several Volume Dry Up indicated that the stock has a lack of sellers.
Never miss a post from Rai!
Sign up to get instant notifications when I publish a new post.
If you are curious about any of the 7 characteristics listed above, check out the Ultimate Trading Guide to learn them.
Chart Mark Up
