THRM BRIGHT Great opportunity's all aroundIf you did your research then you know this stock has massive potential on the long side. Holding this stock is a no brainer at this point, but if you have extra money to throw into a swing or day trade while waiting then you will love this stock. Predictability has been our friend on this chart, history repeating its self over and over giving an amazing opportunity of buys and sells. I'll never tell someone what to do with their money but I am happy to tell you what I am doing with mine. Personally I have bought THRM with the intensions of holding long, but have also set a side money to swing trade its predictability. I have laid out its repeated pattern for you to see for yourself and make your own decision.
(HOLDING MAIN BAG) + (SEPERATE BAG FOR SWING TRADES)
Ps.
One thing I have learned about trading is, life is a lot less stressful if yo TSXV:THRM u separate your day trade money and the money you want to hold a stock with. there is nothing worse then losing sleep well watching a stock take off after selling your main bag you intended to hold.
( IF WE DONT GET RICH TODAY THERE IS ALWAYS TOMORROW )
THRM trade ideas
Looking good So Far,1 Hour charts is where itès at for this stock. Lower RSI indicating a better buying opportunity, keeping above the 50 day moving average. Nice bounce. Stock consolidating for next run up in a ascending wedge formation. Volume lacks but could pick up throughout the day. A break above .46 should drive the SP higher.
NEWS JUST IN FROM CEOEmail Provided from CEO ROB FIA, states, "We should be hearing from the FDA any day now, as we have remained in constant contact", no indication of approval, but with results shown to detect covid-19 in sample patients is good news. Email received directly from CEO in discussion with board. Stock should begin to rise. Happy trading!
THRM longTHRM has been consolidating since it break above 0.47 last week. 0.47 has served as a good support since then. Today we tested below 0.47, found no supply (low volume) and went back up to close firm on the high, above yesterday's close. My target is last week's high at 0.52. That would be a nice 13.5% gain. My stop loss is right below today's low at 0.45.
The Weis wave show weakness in the background though. Hopefully that's not enough to cause trouble.
Thank you "Sportsman" for Fact Sheet on AcuvidFACT SHEET FOR HEALTHCARE PROVIDERS
Therma Bright Inc. September 12, 2021
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AcuVid™COVID Antigen test is authorized for the detection
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Higher Highs and Higher Lows - Daily average increasingBreakout expected as bulls in full control. Higher highs and higher lows with increasing volume, along with break above .435 should rally to new hourly highs. See news on first saliva based covid test, upcoming in near future. Sahres issued in agreement for sales agreement not yet disclosed. Plenty of upside.
When the market will push again?BC= Retracement (eventually already finished (C-Point))
CD= Push (next expected target (D-Point))
In this sense - good luck to all of you!
mophi
And please remember. Act according to your own plan. These are ideas to the best of my knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
Current technical point of view - Next Fibonacci CD push aheadThis idea is written from a purely technical perspective and does not consider news and reports in the market about Therma Bright INC.
Fibonacci + symmetrical triangle pattern looks for a push soon.
BC= Retracement (eventually already finished (C-Point))
CD= Push (next expected target (D-Point))
In this sense - good luck to all of you!
mophi
And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.