traderprosignals

FLGT BUY/LONG NOW READY! 66.00 to 152.00 by August 2021!

Long
NASDAQ:FLGT   Fulgent Genetics, Inc
TICKER CODE: FLGT
Company Name: FULGENT GENETICS , INC
Industry: US Stocks Health Services Medical/Nursing Services

Position Proposed: BUY (66.50-67.00)

BUY ENTRY: READY (66.50-67.00)
1st Partial Take Profit: 81.35 (July 2021)
2nd Partial Take Profit: 118.00 (End July 2021)
3RD Partial Take Profit: 152.00 (August 2021)

Stop Loss: 46.00


Technical Analysis
1. Falling Wedge PATTERN (PARTIALLY COMPLETED)
2. Area of Confluence on EMA & Trend line & Structure level
3. Fibonacci Retracement at 0.786
4. Safest Take Profit will land at next key structure level
5. 2nd Take Profit will land at the 2nd key structure
6. 3rd Take Profit Profit will land equivalent to the Flagpole length and at key structure level.