jeffsuntrading

US Stock In Play: $NNOX (Nano-X Imaging Ltd.)

Long
NASDAQ:NNOX   NANO-X IMAGING LTD
With Wall Street’s attention fully focused on the exasperation and parabolic price behavior of $GME, $BB, $BBNY and $AMC this week, $NNOX have slipped under the media radar with a +65% rally since Friday, breaking out of its consolidated price action within a Symmetrical Triangle chart pattern. $NNOX closed at $85.13, posting a new all-time high for the first time since December 2020.

$NNOX price rally with coupled with infusion of significant liquidity, where trading volume returns to a level that was last witnessed in November 2020. Current price volatility have surge to a day range of $7.13, barely a dollar away from its peak volatility established in September 2020.

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