BNGO trade ideas
BNGO LONGhas been consolidating here for a minute and held down by shorts. going to double down on my position here
we will see some big action this Thursday & FridayI expect the chart to mirror... paper hands and shorts will be flushed out...
BioNano Genomics - breakout - possible Q1/Q2 BioNano Genomics - breakout - possible Q1/Q2 mitd-term route
BNGO- near term price movementsI'm in this name at $11 with a small position. Obviously the stock is running pre market, so this is where I anticipate $BNGO to move. Biden Administration could add fuel to the fire by giving them some $ to map COVID variants. Their tech either way is in increasing demand. From technical pattern.. we have a nice channel forming. $16 looks like resistance, depending on risk tolerance could be good to trim and re enter back at $12 to log a small gain. News sets us to break the channel. What do you all see? NOT advice, just what I see playing out!!!
BNGO trading in a triangle with lower highs and higher lowsBNGO has broken the trend and is consolidating inside this triangle with lower highs and higher lows. Who will win?
My bet is on the bulls. Lately a lot of positive news and academic results about the Saphyr machine have been coming out in rapid succession.
When the triangle trade is done (around end of next week), I expect a jump towardsd 18-20$. This stock is a long term hold.
another %30 incoming i think that we will hit abt $16.80 before we cool off which is abt %34
a lot of good news as well as the bullish pennant we are riding off of
next week i think we can see it in the form of switching to earnings mode, bullish pennant fundamentals and all the other good news that was not priced in
watch out for an offering tho, if u have an option i'd sell in the high $15s (that is what i am doing because i still have shares with a $5.50 average) and if we do see the offering we cam buy the dip.
also sorry for all the lines i look at stocks during the day on the one minute
S.O.S.Major coin was dropped on options expiring this Friday....Almost like the Super Bowl! Exciting!
BNGO Road to $28 - $30It might reach $28-$30 in the next 2 months with this bullish trend.
Slowly but surely. :)
The way i see the next month playing out...baring some market wide correction, this stock will be testing and breaking thru $20 soon...$250 by late 2022...
BNGO - FLAG - Enter on Pull-backI was in this position on Thursday and rode the breakout on Friday. I didn't like the afternoon selling volume so I opted to move to cash. This is still a very strong setup. If the market continues its upward trajectory this upcoming week. This would be a good stock to enter on the pullback. Buyer volume was strong on breakout, selling volume was pretty heavy following breakout, but that's expected given the extended consolidation it just came out of. It's very possible price action could very briefly bounce off of the upper trendline before making new highs. Target $16 if continuation of trend holds.
breakout, new AH, backtest previous AH...as the title states some serious movement/confirmation today.... with a three day weekend coming FOMO and short-panic will set this up for another explosive week along with options expiring on the 19th... its fun to watch but would not consider selling anything under $200 a share... next week PT $15-20...
BNGO Potential BreakoutBNGO is moving nicely today and looks like it could secure a breakout.
Target somewhere around 18
BNGONot financial advice
BNGO short term looks like another wedge breakout.
Just broke out of a previous wedge to fall in a larger wedge pattern.
Supported by wedge line and EMA200.
See how it goes.
BNGO - Ready to go to Mars 🚀If it breaks the 13.29 Resistance point, goes to mars. All it needs is more good news (which come every week) and a good volume. Lets Go!
$BNGO Ready to breaks the resistance$BNGO Ready to breaks the resistance. If it breaks the triangle pattern, the nest level will be $15.
LONG BNGO FLY!Hello everyone, according to Elliot waves analysis, we are currently leaving Elliot wave 4, which was in the form of symmetrical triangle, our fifth wave will land approximately at 17-19$-21$.. so short term target is around that area. Good luck everyone😌🚀🚀🚀
Note: This is Elliot's impulsive wave, that came into fib retracements in a very bullish way retracing so correctly.. consolidation that happened during 4th wave generally is always in triangle form, 5th sub wave of triangle was finished yesterday.. so today we had to have breakout.
