US Stock In Play: $NNOX (Nano-X Imaging Ltd.)

By jfsrevg
With Wall Street’s attention fully focused on the exasperation and parabolic price behavior of GME, BB, BBNY and AMC this week, NNOX have slipped under the media radar with a +65% rally since Friday, breaking out of its consolidated price action within a Symmetrical Triangle chart pattern. NNOX closed at $85.13, posting a new all-time high for the first time since December 2020.

NNOX price rally with coupled with infusion of significant liquidity, where trading volume returns to a level that was last witnessed in November 2020. Current price volatility have surge to a day range of $7.13, barely a dollar away from its peak volatility established in September 2020.
Chart PatternsFundamental AnalysisNANONANO-XNNOXnnoxbullnnoxbuynnoxlongTrend Analysis
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