AVDL on the way to macro resistance

Price continues to follow the trend structure outlined since August and is showing strong follow-through from the mid-term support mentioned last week.

As long as price is holding above the 21 EMA, I’m watching for upside momentum to extend toward the 19–21 macro resistance zone.

Chart:


Previously:
• On upside potential (Oct 14):
Chart:
https://www.tradingview.com/symbols/NASDAQ-AVDL/minds/?mind=GZ4-cgIFSnC5w35engZLZQ

• On mid-term support (Oct 3):
Chart:
https://www.tradingview.com/symbols/NASDAQ-AVDL/minds/?mind=_pT3EX_HSvCwTpIk129wAg

• On resistance and support (Aug 27):
Chart:
https://www.tradingview.com/symbols/NASDAQ-AVDL/minds/?mind=PNLuEMJYRxeVMXY2xw-BqA