ThermoGenesis Holdings, Inc

NASDAQ:THMO   ThermoGenesis Holdings, Inc
*risky investment opportunity - market capital ~$35 million*

“400 shares back in 2003 would have cost you $2million. Today they are yours for $1000.”

You read that correctly, no stock splits in all that time. Incredible. So why now should we be bullish?

The above monthly chart has a lot going on. Breaking it down:

1) Price action resistance breakout in May 2020. This was a significant departure from resistance going back as far as 2013. Not yet a buy.

2) Multiple oversold conditions (orange columns). However the opportunity to buy was not valid until (1) was broken.

3) Regular bullish divergence . All three oscillators, RSI , Stochastic RSI , and MFI are showing divergence with price action. Fantastic.

4) Volume . The last 12 months have seen significant volume come in not seen since 2003. Someone knows something I don’t - follow the money.

A buy from $2 is amazing.

1st target: $11

2nd target: $27

Good luck!

Comment: A update to the buy in, now $2.21. This is based on further study of the 10-day chart. It is possible price action falls below here? Sure. Is it probable? Unlikely.

Trade active
Trade active: 'incredible buy' signal appears on the daily. This is NOT an indication the bottom is in. This is telling me there's a high probability of an uptrend.

Comment: Fantastic divergence building up. One day it'll just pop, no idea when, but one day.. be patient.


Want to try out the Po3 indicator as seen on my ideas?
€100 for 45 days or €650 for 1 year to this Paypal: https://tinyurl.com/4xrbj3jv

Allow 3-6 months on ideas. Not investment advice. DYOR

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