BNGO trade ideas
weekly inside bar, will trigger over 12.70Weekly higher lows building, undercut 10 day (kissed off 11 Demand) w reclaim (daily)& touched daily supply @ 11, i think $BNGO puts in a day tomorrow, top watch for me w $CEVA & $CCIV
$BNGO about to break out of symmetrical triangleHello fellow traders. Bngo has been in an accumulation pattern for a few weeks now. This stock is in a massive uptrend and has been a major gainer in my swing trades/portfolio. It bounced twice from the .236 fib level and is now on the cusp of breaking out of the symmetrical triangle; hopefully bullish. The ten days it has been in accumulation gave the emas some time to catch up after that incredible bullish run so now the 14ema is "only" about 10% below the current price and could be support (in addition to the fib level) in case the price falls.
I hold this for the long term and keep trading when the opportunities present themselves. This may be one of them.
Safe trades!
Show your love:
If you get anything out of this TA, please hit the like button so other can find this analysis quicker.
Follow for more:
If you want the best entry/exits just follow me, you won't regret. Thanks a lot!
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
Ascending triangle or pennant flag? Long playI see this moving up following the ascending triangle for a long play.
BNGO: Bullish pennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 8
250RSI above 50
200MA ascending
RS above 0, and ascending
Target:
PT = 25.85$
BNGO continuation? $14 price target? 3 different analysts gave this a price target of $14 and the highest being $15. Could this be the next jump?
I hate Cancer, I hate Shorts but...Shorts are doing the loyal investors a favor, they are man-making a solid resistance level to spring board from. When this hits $20, it will happen fast more than likely within hours... Just get in and sun block up... this is a long term play, not a spac, a P&D, or a penny stock... what you are witnessing is magic and it only happens once every decade or so... cheers.
Holding BNGOBNGO triangle not broken yet.
But based on the parallel channel up formed last month, there's a higher possibility that the triangle will be breaking upwards.
11.71 looks like a good price to enter and hold. If the price drops to 11.37, can considering buying more and hold till TP.
TP1: 14.89
TP2. 16.96
$BNGO ... Only god knows how much I love ascending trianglesAs shown in the graph I expect one more low before the breaking of the ascending traiagke neckline.
Once the beakout is done my target will in the pink area between $20 and $22.
Not a financial advice. Do your own research and have a happy trading.
$BNGO - buy the dipsI buy the dips, hold some for myself and sell calls for the future
I can solidify a 20% return by selling options and if the stock keeps booming, I have some shares against which I do not sell call options
On options I own I am up 24%
On call options, if they are in the money at expiration, I lose my shares but still gain 24% due to the buy price on initial shares. If the call is out of the money, I collect the premium which is 20%
Binano Genomics Inc - About to take off 🚀 -Bionano is a genome analysis company providing tools and services based on its Saphyr system to scientists and clinicians conducting genetic research and patient testing and providing diagnostic testing for those with autism spectrum disorder (ASD) and other neurodevelopmental disabilities through its Lineagen business. Binano's Saphyr Study Is First to Analyze Cancer Regulation at Level of Single DNA Molecules, Opens Promising New Avenue of Cancer Research. Additionally, Binano's Saphyr appears to be more cost effective. The platform’s estimated cost of $500 per genome coming in far below the $10,000-20,000 per genome when HiFi and SMRT sequencing are put into action.
-Its one of our top stocks currently in our portfolio and today we would like to present you our opinions on this boy. Super positive news came previous weeks about Saphyr. Social sentiment on this stock gets more and more positive every day. It started catching good daily volumes. We can see a Bullish Pennant on this chart. We feel very bullish on this one. We wish safe trades to everybody!
BNGO Can we see this run till next earnings report ?The short volume ratio is decreasing which means good news for us. - Fintel
Also looks like it's time for a reversal on the 1HR MACD so we could be in for a breakout with a high upside. All I'm hearing is nothing but good news associated with Bionano Genomics.
However, we cannot fail to ignore the declining revenues every year. Keep an eye on this till the next earnings report.
If the volume increase holds true,
I'll be taking my profit around 15$ which should be a realistic target. If it runs further, 18$-20$ is definitely possible and will have to re-evaluate.
Regardless, for now, we are Bullish!
(Disclaimer)
(This is not financial advice, just my opinion)
NASDAQ:BNGO NASDAQ:BNGO
Trend line and Fib extension Target 18.20I expect the price to hit $18.2 earliest by 11 February and latest by 18 March - fingers crossed!!
This is only for entertainment purpose, do your own DD.
Consolidation Period. Then Continuation...Last week was def. a period of consolidation aside from the one day of pre-market pop. I expect this upcoming week to be more of the same, given the short selling pressure should escalate as we tick closer to the option expiration date for February. If you're sitting on the sideline and waiting for an entrance, I say this: At any given moment PR could send this to $15+... Also in regards to ARKG and Cathie/Simon... They haven't invested yet but they will eventually and if you are not already in when that happens well you're going to pay a steep premium. This is a great "set- it and forget-it" play... I think the days of day trading it are over... swings are still in play...GL to all... I still see a $20PT this month...
BNGO - time to buy if price toch 12.00
the price had 3 attempts to break the support from 10.05 and failed. If the price toch 12.00 , then it's time to buy .
The company lost nearly 30 million on sales of $4.5 million in the first nine months of 2020.
If it manages to break the support, then we consider the price from 9 and the next 7.50 .
