This ticker has seen wild pops in the past off news. Setup seems poised for a breakout and the company is due to announce clinical updates in the next 3-4 months. Notice the obvious gap to fill at .95, as this could make for an interesting swing play at current price levels.
We've got a clear gap to fill at 12.88. Although it feels like she might go testing the latest 50% swing retrace before coming back down to fill that gap ahead of the live demo in Sept at IAA Mobility. Also keep in mind that they still have another $70m left on the ATM.
Looking for a bottom...and some real buyers! The 61.8% retrace of our 1.05-17.24 swing sits at 7.23. That might be an area to look for, and would also give a double bottom bounce confirmation of a fib extension move to the $20s-$30s in the next 120 days.
The new shelf registration (basically 10% dilution) could potentially create more weak hand selling/stop-loss raids, leading to a PPS possibly as low as that 4.50 area. That said, the RSI is showing solid support on the 1 hour chart and the bullish channel support line is still intact. I would love to see the new 50% swing (17.24-7.31) retrace of 12.28 get...
I wouldn't mind seeing a healthy pullback here. Anybody else looking to buy the dip?
On watch for a dip buy.
On watch for a dip buy. Could get interesting with a clearing of 24.50. The main long-term fib extension target sits closer to 50.
We had a clear breakout of the downtrend, tested the mid 14s and are now looking for a bounce. Ideally we would like to see the 10. 40 area hold and act as new support. Continue to monitor the short ratio on this one.
Ticker change will bring some extra hype here, but this all comes down to the company being able to back up their talk regarding 2021/2022 deliveries. I'm fully expecting this to test $30-$35 leading up to the official ticker change.
CHEK will be looking for FDA approval by early 2023. US Pivotal Study will take place in 2022.
Not sure of the news today but this is a gap fill I've been waiting on.
LWLG meets all requirements and will be uplisting to NASDAQ this year. The photonics market can reach 20B+ by 2025. LWLG's market verticals include Tier 1 players like Facebook, Google, AT&T, and Verizon. They are currently working with multiple foundries, packaging partners and module/transceiver partners in the Protyping/Piloting stage (under NDA), with a...
We had a clear breakout of the downtrend, tested the mid 14s and are now looking for a bounce. Ideally we would like to see the 10. 40 area hold and act as new support. Continue to monitor the short ratio on this one.
3-way spac merger will compete with PTON under the ticker BODY
It will most likely take appeal news later this year to send us to these initial targets.
Our last weekly candle closed near the top end of the trading range. Also notice there is a potential cup and handle pattern forming here on the weekly chart. This could be a sign that we will soon break out of this current trading range and close a weekly candle above 20.50. We would then be looking to make a new high, in what appears to be a solid longer term...