Adventtechnologies — Trading Ideas on TradingView

Technical Analysis on Advent Technologies Holdings (ADN)The chart for ADN clearly illustrates its performance: a rapid surge at the end of 2020, followed by a consistent decline from 2021, leading to a 99% drop in value. After reaching its lows around $1.70, the stock entered a sideways consolidation phase that lasted several months. It then staged a strong recovery with a gap away and a breakout of the descending trendline. Currently, the stock is in a compression phase, forming a Triangle pattern, with converging highs and lows. Bullish Scenario In a bullish scenario, a breakout above the triangle is required, ideally accompanied by an increase in trading volumes. The Volume Profile indicates the absence of significant resistance levels that could hinder the upward movement. Bearish Scenario In a bearish scenario, the stock would need to break below the triangle. However, the Volume Profile highlights a high-volume node represented by the rectangle, which also contains the POC (Point of Control). Before a sustained decline can occur, the stock would need to breach this strong support zone.

WHAT YOU SAY The chart **Advanced Enzyme Tech Ltd. (NSE)* * shows a clear **cup and handle pattern** which is typically a bullish continuation signal. Here's a breakdown of the key points in a trending fashion: ### 1. **Cup and Handle Formation**: - The chart presents a classic **"Cup and Handle"** pattern. This is generally considered a **bullish chart pattern**, where the cup forms a rounded bottom and the handle reflects a consolidation before a potential breakout. - **Cup**: Spanning from late 2017 to around mid-2021, the stock has formed a wide, rounded bottom (cup), signaling a period of accumulation. - **Handle**: After reaching highs in early 2021, the stock pulled back modestly to create the handle formation, which lasted until 2023. ### 2. **Volume Support**: - Towards the right-hand side of the chart, you can observe an **increase in volume** (highlighted by the blue circle) accompanying the price rise. This is a strong indicator of **buying interest** and momentum, supporting the upward trend. - The **"building volume"** mentioned indicates strengthening demand, a crucial signal that the uptrend is gaining momentum. ### 3. **Bullish Breakout**: - The chart highlights a **bullish candle** which has broken past previous resistance levels near **450-485**. This breakout above resistance is a strong indication that the stock might enter a new **uptrend**. - The breakout suggests the stock is gaining momentum and has the potential to sustain higher prices if it holds above the **500 sentimental level**, noted as crucial support. ### 4. **Sentimental Level of 500**: - The **500-level** is marked as a critical **sentiment support** for the stock. Historically, this level has been a supply zone, indicating the stock has faced resistance at this point in **2016 and 2021**. - Now that it has broken through this level, it suggests that sentiment has shifted, and this area could now act as **support** for further gains. ### 5. **Overall Trend**: - The stock has been in a **long consolidation** since the highs in 2021 but has now **broken out** of the handle formation. - If this bullish pattern continues, the stock is likely to continue in an **upward trend**, possibly retesting its previous highs and moving towards **higher targets**. ### 6. **No Recommendation for Buy/Sell**: - The chart explicitly states that there's no recommendation for buying or selling. However, from a technical analysis perspective, the **cup and handle breakout** combined with increasing **volume** and **bullish price action** indicates potential **upward momentum**. ### Conclusion: - **Advanced Enzyme Tech Ltd.** is showing a strong **bullish breakout** after a prolonged consolidation phase. If the stock holds above the **500 support level**, we may see further gains with continued upward movement. Volume backing the breakout is a positive sign for a sustained uptrend.

ADN Advent Technologies Holdings Options Ahead of Earnings Analyzing the options chain and the chart patterns of ADN Advent Technologies Holdings prior to the earnings report this week, I would consider purchasing the 1.50usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $0.17. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.

Descending Channel Breakout for ADN?!?It appears as though ADN has broken flush to the upside of a descending channel which is drawn as two parallel declining lines drawn green on the chart, notice the rejection nearly exactly at the 200DMA. On the KST there's a bullish cross where I've placed the green finger. More often than not when the KST gets this over-extended there's a sell-off immediately afterward with the rare exception of a continuation of s parabolic breakout on overwhelmingly bullish news. A retrace to $1.40 is likely to re-test and build support on top of old resistance. Or we're going to see a re-test of the 200DMA and a blue sky breakout. Price target & trading range between $9.00 to $0.60c between now and the end of the year.

ADN most undervalued fuel cell and hydrogen technology play !Today i`ll share with you one of my private signals. ADN Advent Technologies Holdings an innovation-driven leader in the fuel cell and hydrogen technology sectors has signed a technology assessment, sales, and development agreement with Hyundai Motor Company. Remember last year`s rumor that Hyundai-Kia were close to finalize a deal to build the autonomous Apple car? What if the deal is finalized and ADN`s fuel cell and hydrogen technology is in the Apple car???? This can be an easy 10X stock. Last year The Goldman Sachs Group had a price target of $20.00 for ADN! Looking forward to read your opinion about it.