Do Stock Price Gaps always get filled? Conclusion: So what's that mean: when a stock price gap is observed, by a chance of 91.4% it will get filled in the future. In layman's word, 9 in 10 gaps get filled; not always, but pretty close. So far all ZOM price gaps got filled ,is it going to be different this time? Thanks for your time.
I will be trying to add 1% to this position around 13 cents p/share for a test on the recent bottom. If breaks, will drop to the bottom of the wedge as we try to create the wave 5 of retracement. Will look to add 0.5% if it does touch bottom of wedge. This will be a longterm play with anticipation to breakout of the wedge for a impulse.
I am holding relatively large bag and my vision can be distorted because of that fact .But here is my price prediction (target) for the next 10 days or so.I am not discounting possibility of ZOM moving down to $0.13 area right before it move up towards $0.27-$0.34 area ,possibly as high as $0.39. My original target was at $0.22 , but after doing some thinking and...
Technical Analysis - Based on the last month price behaviour that after the Public offering the share from 0.15 went up to more than 0.2 and based on technical analysis, it seems that there is a possibility to go long. (two different target prices have been found. Fundamental News. Zomedica Pharmaceuticals Corp. Announces $30 Million Public Offering. ...
There was a recent offering which was closed this last Friday, dumped to .14 and is currently .16 I am expecting to see an easy bounce to .20 soon and perhaps even higher. Wouldn't be surprised if we rejected at the top of the triangle but that's already a 100% gain.. anything above that is the gods blessing us.
Zomedica Pharmaceuticals (NYSEMKT:ZOM) has priced a public offering of ~133.3M common shares, together with warrants to purchase up to same number of common shares, at a combined price of $0.15/share and accompanying warrant, for expected gross proceeds of ~$20M. Two-year warrants have an exercise price of $0.15/share. Net proceeds will be used for the...