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MarketToday
Oct 26, 2022 1:22 PM

$BFRI - taking off 1200 percent upside potential Long

Biofrontera Inc.NASDAQ

Description

BFRI - taking off 1200 percent upside potential The chart looks excellent
Comments
RAC52
Zacks, November 8 @ $4.15,. Zacks reported BRFI as having a " technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this company enhances its prospects of a trend reversal. " Well, its obvious the Hammer prediction turned sour and there has been no further news from ZACKS or others that I can find since November. The stock was at $4.15 and is now $1.33, a -113% loss! The November chart as with today's chart with actually indicators doesn't reveal anything I would consider a buy, let along an excellent chart. Not throwing stones here, just examining the facts and wishing to learn more, maybe I don't see it. What may I ask are you see about the chart that you cause you to consider BFRI to be good or 'excellent'?
VincePrince
Considerable approach. Thank you for sharing.
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