BNGO trade ideas
$BNGOBioNano Genomics Inc (NASDAQ:BNGO) has been in a monster move to the upside closing higher in five of the last six trading days. This stock is very overbought, but this market has proven overbought can stay overbought for a long period. The EMA9 on the 30 minutes chart (yellow line) has been a good support for BNGO's stock price since it crossed the 80c zone. The short-term outlook is bullish as long it stays above the uptrend line. As i said previously, GENE is a good symp play to watch next week while it stays cheap.
great breakout!congrats to anyone who got in this breakout last week, great after hours action that makes me believe we can see a move over ath next week. dont be surprised if it opens over 10. this is what you call a parbolic breakout people.. get in while you can. :) goodluck
this chart is gorgeousthe support and resistance is beautiful. the purple lines are support and resistance I got from the 1 Day chart. use the I'm gonna use the 1/3 idea to buy into the company averaging up or down for a good entry and then just buying when I make deposits into my account and take profit from swings. good luck happy trading.
Bullish FlagPossible move:36%
Reward/Risk: 3.75 (R/R>3 is Ideal)
Time frame: 1-4 wks
Entry after break is safer.
This is just my technical view, not a fundamental comment..!
I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
BNGO: watch for $1.25; straight shot to $4Mega resistance between $0.80 and $1
$1.25 also very hard to break. However, I'm seeing block trades eating away at the ask. Only 4% of shares belong to institution or insiders-- which means they'll have to keep buying for weeks in order to have a position.
$BNGO LongPlease do your own DD but to me, BNGO is looking good for a reversal. Oversold, crossing back bullish with RSI and MACD gaining momentum. Also, company is doing lots of good things.
$BNGO Bionano Genomics 50% upside BioNano Genomics, Inc. is a life sciences instrumentation company, which focuses on genome analysis space. The firm engages in the development and marketing of Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline cytogenetics. The company was founded by Han Cao in October 2003 and is headquartered in San Diego, CA.
BNGO BioNano Genomics upside potenial, huge volume comingBioNano Genomics, Inc. is a life sciences instrumentation company, which focuses on genome analysis space.
Net Income $-29,820,000.00
Market Cap $69.23 million
Annual Sales $10.13 million
BNGO exceeded EARNINGS ESTIMATES in Q1 and on 7/17/2020 Maxim Group Reiterated the Rating to Buy and a target of $2.00 per share.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
$BNGO 35% Upside for Bionano GenomicsMaxim Group analyst Jason McCarthy assigned a Buy rating to BioNano Genomics (BNGO) yesterday and set a price target of $2.00. The company’s shares closed last Tuesday at $0.83, close to its 52-week low of $0.25.
BioNano Genomics, Inc. is a life sciences instrumentation company, which focuses on genome analysis space. The firm engages in the development and marketing of Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline cytogenetics. The company was founded by Han Cao in October 2003 and is headquartered in San Diego, CA.
$BNGO Bionano Genomics On Alert
Alert set for break above the 200ma,
could set up a major move higher.
Volume spiking
Indicators bullish
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BNGO - ready for huge impulseGetting a nice monthly green reversal candle along with big volume coming in. This could be the bottom.
$BNGO - repump$BNGO
Looks like its back on the pump list.
Fell out of 2 month channel and trying to make a move back into the range.
If is isnt rejected @ $0.65 possible blow through into the $0.70 - $.80 range
Indicators coming close to overbought zone.
Not a buy or sell recommendation.
