LIXT looks ready for a run upAfter breaking through many support levels and grabbing liquidity , it seems like this stock might need some offloading which will make the stock go up in value.
LIXT trade ideas
LIXT look buillish.After significant increase in volume , this stocks seems to hold at key levels , if we see more volume and interest spike ,looks like it might continue further upwards.
(this is not a financial advice, please do your own research.)
LIXT - BIO - 6M FLOAT BOTTOM OF CHANNEL - WORTH A SHOTAll,
Actually a decent company as far as potiential in a bio company. Looking at TA this really should bounce here to at least $3.25-3.50 area. However, as we all know nobody can purely gauge the market. I would suggest personally entering here with a tight stop loss. As always I try to show both sides if it were to move up here and break out then downside play would be break below all time low which in most cases triggers extremely high demand and big move eventually.
I as ALWAYS only take plays like this with a 2% stop loss MARKET. Never enter trades without stop losses. It's never worth it.
No need for any offers etc see below:
Short Term Liabilities: LIXT's short term assets ($7.2M) exceed its short term liabilities ($376.3K).
Long Term Liabilities: LIXT has no long term liabilities.
Technical analysis on LIXT Mentioned chart is technical analysis on LIXT , it is having very nice above 15% weekly volatility and strong trend support and resistance if any of these breaks , it will continue the path .
$FNGD $TECS $LIXT Quick Bucks!1. Morning star SOR at end of a short time down trend.
2. Stoch RSI oversold
3. Bullish MA intersection
Using Fibo, I plotted my TPs on green, cutloss on red then entry at blue. After assessing possible gain over loss using average TP and CL point, there's possible quick bucks on this tomorrow or next week.
Why Lixte Biotechnology Soared heavily on friday?Why Lixte Biotechnology Soared heavily on friday?
It seems as though retail investors are banding behind this ultra-low float stock, lifting demand and therefore, lifting its price. the company hasn’t issued any news.
Nonetheless, it seems as though the retail crowd on Wall Street is banding behind the stock.
there is quite a bit of discussion about the stock on Wall Street Bets, StockTwits, and Twitter, suggesting that the retail crowd is interested.
At the moment, LIXT trades with a public float of just 4.5 million shares. That’s an incredibly low share supply. As the law of supply and demand tells us, when supplies of anything are very low and a flood of demand comes in, the price must increase.
With retail investors diving into LIXT, and such a tiny public float, it only makes sense that the stock is experiencing dramatic gains.
cnafinance.com
