ADRO CLOSE NICELY 2125 BREAKING OUT ASCENDING TRIANGLE.ON MONDAY PRICE MUST MAKE NEW HIGH > 2125 TO MAKE SURE THIS'S A REAL BREAKOUT & WE DON'T LIKE ANY PULL BACK THAT CLOSE BELOW 2100.
WE EXPECT WAVE 5 USING ENDING DIAGONAL AGAIN (PATTERN 3-3-3-3-3), WAVE B ITSELF IS A TRIANGLE ABCDE & NOW WE'RE GOING UP FOR WAVE C TARGET @2500.
IMPORTANT TO WATCH:
*MACD MUST TREND UP NEXT WEEK TOGETHER WITH PRICE RALLY.
*MACD CANNOT CROSS BELOW CENTRELINE 0.
HAPPY WEEKEND!
GBU ALL
