etradegoods

NNOX Long this support level

Long
etradegoods Updated   
NASDAQ:NNOX   NANO-X IMAGING LTD
FDA clearance for their single source NANOX Arc just on April 2, 2021, and was heavily shorted
Comment:
Engulfing bar at the bottom, strong oversold. Could reverse from here
Trade active:
NNOX, the drop price was higher than expected, but now it looks like the stock has a new low pivot and in recovery mode.
Trade active:
NNOX, when reaching 20, I was scared to add. When the price crosses 34, it could regain the uptrend.
Trade active:
Bag holder on this one. Better to stop to add a looser.
Trade closed manually:
It stopped at 20.32; ouch. Always stop is Must. When a price goes down, you never know when the trend against your position will end.
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