POLX - a technical share where fortunes will be madeThis healthcare innovator holds unbelievable patents for its diagnostic lung-imaging machines. But the real excitement is in the chart.
It trades so technically it's unreal. It doggedly respects trendlines, and price collapses or explodes when they break.
Today it's pushed through what had previously been failed support (Feb-May last year) and pumped quite hard. The resistance trendlines above are becoming fewer and fewer, leaving explosive potential ahead.
Two big gaps in sight: 16.45p between the 50% and 0.618 Fibs of the current range and 29.9p, the low point of the big volatility spike from October 2021. With price at 1.37p right now, you're looking at breathtaking returns if either of those are tagged - and the odds of that happening have just much improved.
GLA, DYOR.
