NASDAQ:CODX   Co-Diagnostics, Inc
CODX is overexended to the downside piercing completely beneath the lower bollinger band . It is also oversold on stochastics showing less than 10. It's on its 5-6 consecutive red day. It got bought up this morning after being down -7% and went green on day briefly. I suspect buying power will come into play and push this back to average true range . There is slight resistance on the hourly around 10 range. Target is 10-11.


Looks like you were 90% correct. Did you hold or sell at the $9.90 level?
BBTrader29 realstep
@realstep, targets are never hit exactly. I took profits on the 2nd day after this post around the 9.80 level. As a swing trader i typically only hold for 2-5 trading days, so even if it only got to 9.5 and couldn't push higher, i wouldn've exited the trade
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