RE: Watchlist - Investor method
I highlighted ADEP is early October http://stageanalysis.net/forum/showthrea...10#pid1910 as a strong Stage 2 stock that could be good candidate on a pullback entry.
Over the last few weeks it has had a pullback on lower volume towards the rising 10 week MA to roughly the 61.8% Fibonacci level of the recent run up, and yesterday surged higher once again and managed to close near the previous weeks high.
Relative performance and volume still have the characteristics of a potential A+ stock, especially on the monthly chart, which I've included, that shows two months of it's highest volume over the last 10 years to break out to new 5 year highs. So ADEP continues to show potential for a sustained Stage 2 advance.
Earnings are on November 7.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.