jackogorman

BNGO round 2!!!!

Long
NASDAQ:BNGO   Bionano Genomics, Inc
This play looks tempting ngl . NASDAQ:BNGO
Bionanon made very tasty returns so why not return. Price is near 0+/- ATR in keltner and if it closes above I will enter.
Last time I entered around $5 and avg'ED up till $5.6.

Took Profit around $14 but this chart looks promising.

Genomics is still an underrated sector and there are many supporters of its hot product -' The Saphyre system'

Let's see how this runs. Good luck

Entry - $7-$8 since it bottomed at $6.90. Set trailing SL of 15%.

TP - $9-$10, since it might test resistance and bounce back down. Great company but burns through cash, so some major hyped event would need to occur for it to retest ATH .

(Disclaimer this is not financial advice just my opinion)

Comments

Good stuff. I'm also seeing hidden bullish divergence. But it could possible drop to 4$ range if market continue go sideway like this
Reply
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