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BNGO

BNGO - Buy Setup Forming - Wait For It!Hello everyone, if you like the idea, do not forget to support with a like and follow. BNGO is sitting around strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H1: BNGO is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, BNGO would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:BNGOLong
by TheSignalyst
33
People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market. I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down. Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market! This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux. To have a better idea let's review this on the charts: NASDAQ:TSLA Weekly chart since 2019. Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price) Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value) A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe. Maximum trading value in one week: 290 Billion, third week December 2020 Maximum trading value in one month: 844 Billion, December 2020 Last week Trading value: 111 Billion (-62% decreased) Last month Average Trading value: 481 Billion (-43% decreased) NASDAQ:AAPL Weekly chart since 2019. Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price) Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value) A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe. Maximum trading value in one week: 143 Billion, first week September 2020 Maximum trading value in one month: 525 Billion, August 2020 Last week Trading value: 65 Billion (-54% decreased) Last month Average Trading value: 248 Billion (-53% decreased) NASDAQ:AMZN NASDAQ:FB NYSE:NIO NYSE:PLTR NYSE:GME NASDAQ:BNGO NASDAQ:RIOT By now you should be familiar with the power of money in the market and how money flow affects the trend! Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..! Moshkelgosha (Sniper Trader)
NASDAQ:TSLAShort
by Moshkelgosha
9
BNGO BUY/LONG 4.40 to 19.50 by end 2021 TICKER CODE: BNGO Company Name: Bionano Genomics, Inc. Industry: Healthcare | Biotechnology | USA Position Proposed: BUY Technical Analysis 1. Falling Wedge / Pennant (Forming) 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. RSI Reached OVERSOLD 4. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length Entry: NOW READY (4.40) 1st Partial Take Profit: 19.50 (August-November 2021) 2nd Take Profit: 29.00 (Mid 2022)
NASDAQ:BNGOLong
by traderprosignals
I was there Gandalf... 3000 years ago when BNGO was 50 cents..So when BNGO was 50 cents I realized that it was doing a silent accumulation and with a name like Bionano Geonomics, how could I go wrong I thought? well, selling at 55 cents is how I went wrong. i thought i was slick with my couple percent profit. selling in the bear trap. As always, BNGO is being shorted, and was accumulated by none other than Cathy Wood. I think we are due for a breakout, but I wouldn't count on it. shorts are fierce and its in mark down phase. i would say expect to see 3$, even 2$ some day before the next crazy climbs but who knows you could get lucky! someone could come along and be like BINGO! Long targets on this in the 60-100$ range as this was the first accumulation, I would say this is a Bear trap on the very large scale. (5 years or 10 years) expect BNGO to be around for some time. not sure exactly how long, but long. Short target: 2$ Medium target 7$ Long target 60$
NASDAQ:BNGOLong
by UnknownUnicorn3570385
BNGO - my targetsWe started the day with a huge gap up (4,44$). My next targets are marked in the chart. The bounce zone did a nice job and the chart clearly shows in the right direction. Have a look at my last related idea. There i posted my opinion on the current situation. Here again for you: Many have asked me about an entry. But I cannot make the decision to buy for you. Either you believe in the company or you don't :slight_smile: Always ask yourself one thing: If you were ready to buy in the hype of the stock (at 10 for example), why not buy at low prices? It's not about the perfect entry. It's about a long position that you will hold for several years. 2022 Q4 is key !!! I don't do my technical analysis to trade bngo . Anyone who actively trade with such a stock can also look for something better. That is unprofessional and far too dangerous. You can trade better in other areas. What I mean by that: the perfect entry does not play the decisive role here. This is more relevant in active trading, where technical analysis is the key. In my opinion, the 4-5 is our bounce zone. I've always preached that. A gap fill at 3.12 is possible, but I don't see it coming. Because: the fundamentals are promising and the current price is absolutely okay! Have a nice day and invest wisely;) You should enter when the fear is strongest. That is my opinion and should only serve as a guide.
NASDAQ:BNGO
by TizTrader
6
BNGO - my opinionHey:) Many have asked me about an entry. But I cannot make the decision to buy for you. Either you believe in the company or you don't :slight_smile: Always ask yourself one thing: If you were ready to buy in the hype of the stock (at 10 for example), why not buy at low prices? It's not about the perfect entry. It's about a long position that you will hold for several years. 2022 Q4 is key !!! I don't do my technical analysis to trade bngo. Anyone who actively trade with such a stock can also look for something better. That is unprofessional and far too dangerous. You can trade better in other areas. What I mean by that: the perfect entry does not play the decisive role here. This is more relevant in active trading, where technical analysis is the key. In my opinion, the 4-5 is our bounce zone. I've always preached that. A gap fill at 3.12 is possible, but I don't see it coming. Because: the fundamentals are promising and the current price is absolutely okay! Have a nice day and invest wisely;) You should enter when the fear is strongest. That is my opinion and should only serve as a guide. PEACE OUT!
NASDAQ:BNGO
by TizTrader