Inverse Head and Shouldersnice bottom pattern on a long terms trend. Price has taken the 50EMA and RSI is bullish. Profit goal is 30%. Thoughts?
PLX trade ideas
.65 AT BEST THIS WEEK...Wanna get out of this stock??? Are you under water? Cut ur losses @.64. Only thing is.. Ya need high volume to dump a lot of shares.. Or wait till they dilute and a yr plus passes and it gets back to .60 + Hopefully..Maybe !!!Terrible management ..MGMT keeps gettin their checks..while failing at their jobs..!! wouldn't that be nice?? .. and not to mention its Israeli based ( .. . If this co..is around in 5 yrs it will surprise the $#%@ out of me!! ) My opinion on this co? 2% chance they make it. 98% chance they fail and go BK.. again.. jus my opinion.
I dont see this breaking out..I see PLX describing tomorrow's info very vague and no one will buy it. And then... not a word. Till either dilution or AA request to FDA. Which could be months. Sell the spikes !!
A close over .40???A close over .40 may mean a reversal. Continued sell off @.40 may mean a new low. I remain neutral.
PLX.. Doing what it does best.!!Terrible communication, under performing constantly, near 200 employees ( and what do they do ?? ) And a board of directors as if they were a fortune 500 co. Not to mention they are in a country that can fly under the radar of the sec. Hope and wishing are 2 words that they need you to remember. So they like to throw out little tid bits now and again for the investors to over speculate on.. like Humura competitor and 106 partner talks … I could go on..But why? Id stay away from this one. But I don't know if I would short it..?? Slim would be the chance ..but.. ya never know.
Shares Vote My opinion.. The request for share adage will coincide with it moving up or down. Add 100 m shares does it go up? Reject 100m shares does it go down? Time will tell.. Im still Neutral. But hopeful.. I personally think they need the vote to pass. So I voted, yes. Will I regret it? Again.. time will tell. This is a tough stock if you are under water right now as they tell you nothing about where they are at or where they are going. Oral Humira ?? Ya they like to name drop .. Will anything come of it? Doubtful. Give Moshe the benefit of the doubt? Negative. !! Show me the money Moshe !!
PLX - A perfect Time To Be NeutralWhen it comes to transparency this company has absolutely failed. They throw out tiny bits of information, miss dates, huge payrolls, miss all earnings, miss enrollment dates …. and yet? Carry a % chance to become a game changer and a serious $ maker. Wanna gamble? Here is your baby..!!
Potential downtrend reversal for $PLXLateral resistance test coupled with a break of the downtrend line May signal reversal for PLX,
bulls would like to see continuation here!
