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Is ADTN setting up for a drop? Expansion Breakdown shows up after plummeting 6.82%
On Thursday, July 2nd, ADTN moved down 6.82% while volume shrunk to 0.2× the usual levels. Expansion Breakdown was spotted, which could indicate a shift in momentum. Key support levels exist at 12.21, 11.7 & 10.98, with resistance at 13.43, 14.15 & 14.66.
Current SwingTradeBot Technical Rating of ADTN: D
Just a sneak peek — check SwingTradeBot.com for the full story on ADTN.
Read full article here »