BNGO
BNGO - Where to Jumpthe topline coming down worked as a resistance several times. What we lack in this bearish move is where the real support is.
BNGO since the beginning of the year moved drastically up. Even now x6 YTD. So hard to guess where we will see a support.
Hence, I would like to see support line working 2 more times and we break the resistance line before jumping on the boat.
BNGO - Current situation BNGO: Okay friends. For me that was the lowest point for now. The GAP at 4.87 was touched in the pre marked. Unfortunately, this was not closed during the main trading hours...only touched. Well, a gap doesn't always have to be closed.
My current goals:
- close over 5.80 TODAY!!!
- 6.75
- 7.00
- 7.50!!! Main goal
When we have reached 7.50, I'll be talking about a nice uptrend again. You can see all the important zones in the chart. In the H1 chart a small W formation. If we close above 5.80 today it should attract even more traders
BNGO - Gap closeGap 6.10 was closed. Now the price is pushed down. The gap at 4.87 has not been fully closed yet. We will probably go to that area again. At least it was a positive signal ...
BNGO - Buy Setup Forming!BNGO is overall bearish (short-term) and since it is approaching a demand area in green, we will be looking for trend-following 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?
Our upper red 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 test the green demand zone or even lower.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BNGO - Current situationBNGO:
Weekly doesn't look good. We still have the chance to jump back into the wedge. This is called a spike.
Important downside support is provided by:
- 6.20
- 5.39
- 4.78
Basically, BNGO has to implement the business model and earn money with it. They are on the right track there. That's why I'm looking forward to the coming year.
Current situation:
Lots of people jumped on the hype at 11-15. They're currently selling. And one more small note: according to the volume, only small private investors are likely to sell here. Nobody presses from the top!
BNGO - 7$ retest?Wedge shape in the 4h chart - down potential up to 7$. Then there should be a UP or directly up to the top at approx. 7.75$. The low of March 5 should also have been the low of the year. Accordingly, the next move would be to break out of the wedge. But basically we are still in the downward trend with a stable lateral position :)
BNGO - Possible buy zone for youCurrently in a downward trend + Triangle formation. Buy if we see a break through downward trendline!
BNGO - TREND CHANNEL H1 CHARTBNGO needs buyers so that the trend channel in H1 remains . Everyone who is engaged can build up a position now. But also keep an eye on the support at 7$ range. If we break UP we need to exceed 9.27$! If we break DOWN of the current channel and If the support does not hold at 7$ then 6,..$ support is waiting.
BNGO BiG TRIANGLE FORMATION...possible breakout in both directions. Watch closely and buy on distinctive AREAS!
BNGO 8$ TARGET!BNGO dares to approach 8 again. This should be confirmed first so that another upward movement can occur!
BNGO - Target 8$After yesterday's difficulties, BNGO has shown some recovery in the chart. My goal is still 8$. The 7$ support must hold! Otherwise we could see lower prices again.
BNGO - 8$ important target!Update on BNGO:
The second stroke was completed today. With that, all the unbelieving and unsuspecting should now have been flushed out. The first low at around $ 6 check👍 The second low at around $ 7 check 👍 Now it remains to be seen whether it is a normal correction in the downward trend or whether we will see a break. The H1 candle yesterday at the opening RED and today at the opening GREEN is for me a confirmation that the reverse mode is starting. This is 100% confirmed when the $ 8 is broken. In the weekly char two spikes as a double bottom . 4h Chart lower low & H1 Chart V reversal. For me there are no more goals downwards! with the 7$ everything was processed. I can't say more at the moment:)
BNGO - 8$ reversal confirmationUpdate on BNGO:
The second stroke was completed today. With that, all the unbelieving and unsuspecting should now have been flushed out. The first low at around $ 6 check👍 The second low at around $ 7 check 👍 Now it remains to be seen whether it is a normal correction in the downward trend or whether we will see a break. The H1 candle yesterday at the opening RED and today at the opening GREEN is for me a confirmation that the reverse mode is starting. This is 100% confirmed when the $ 8 is broken. In the weekly char two spikes as a double bottom. 4h Chart lower low & H1 Chart V reversal. For me there are no more goals downwards! with the 7$ everything was processed. I can't say more at the moment:)
BNGO UPDATEShort update on BNGO:
Short update on BNGO. Our support at 8.49 was broken. So then back to $ 7. We still closed the GAP at $ 6.98. The $ 7 now serves as a strong support. This one was reinforced by buyers. The way up to 9$ should be free right now. From there we aim for 10 $ again.
BNGO breakout imminentBNGO looks ready to break out at or after earnings on March 23rd. HODL!
Back to $15 easily. EOY PT @ $30 to $50.
MVMD Price Target $3.05 to $5+Just an idea out there. Been watching this for a while. My avg at $0.44, 1.68, 1.85.
Liking this for a good 2 to 18 month play.
Tell me what you think?
BNGO MOONbngo stock has a system, a genome mapping device that has proven itself more effective 10,000x its competitors in some cases and more accurate. Belgium just verified this again today. They’re setting up testing facilities and labs currently and hiring people to operate them. Some of its competitors are worth 400$+ while bngo system is way cheaper but will take over in the next few years. If this isn’t the biggest no brained idk what is. 100 by 2023 atleast thats over 10x gains let’s go
Social media trading bubble example..!One of my favorite methods of analysis is the correlation study!
here you can see a correlation study of AQB vs BNGO. When you look at this comparison it is easier to understand. I did another on Tesla vs crisper, as well.
AQB was in the ARK investment portfolio and all over social media..! But they recently dumped it and sold most of it.
BNGO has never been in their portfolio, but if you do a quick search on social media, you will find all sorts of trading gurus who explain the rumors that Ark invest will pure money into this soon and it will be skyrocketed to moon..!
Please ask yourself: Why an automaker (Tesla) should have the very same price pattern Crisper a Genomic & Biotechnology company have???
Albert Einstein: The definition of insanity is doing the same thing over and over and expecting different results.
