Small Cap Automotive Seating Supplier Forming Bullish Flag
Adient (ADNT) shares are coming out of a small bull flag and popped above a trendline with the top of monthly value area just above here at 45.27 being a nice buy trigger or a dip back to the POC and 8 EMA at 43.55. ADNT has a looming MACD bull cross near and stacked moving averages pointing higher. A breakout above 45.50 can see a move to the 49 level which is a untested VPOC from last year in the small cap auto parts supplier name.