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saltysaver
Feb 2, 2021 2:02 PM

BNGO- near term price movements Long

Bionano Genomics, Inc.NASDAQ

Description

I'm in this name at $11 with a small position. Obviously the stock is running pre market, so this is where I anticipate BNGO to move. Biden Administration could add fuel to the fire by giving them some $ to map COVID variants. Their tech either way is in increasing demand. From technical pattern.. we have a nice channel forming. $16 looks like resistance, depending on risk tolerance could be good to trim and re enter back at $12 to log a small gain. News sets us to break the channel. What do you all see? NOT advice, just what I see playing out!!!

Comment

closed position @15.50

will re enter on pullback to 12.5
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