Prediction : YMTX (Yumanity Therapeutics, Inc) is Bull to 10.36 or more
Reason :
YMTX hit a Double Bottom bullish pattern and is currently growing with XBI (Biotech small cap ETF who is currently bullish).
However, YMTX is growing faster than the XBI because of the double bottom pattern pressure and also because of how heavily underprice the stock is currently relative to fundamentals.
The momentum is good as seen by the MACD continuing to build up, and the Volume Flow is high and also continuing to build up.
It will cross the next resistance line and continue to be bull to at least the resistance of 10.36 or more. After which, it will consolidate and continue to prepare its future bullish trend.
Reason :
YMTX hit a Double Bottom bullish pattern and is currently growing with XBI (Biotech small cap ETF who is currently bullish).
However, YMTX is growing faster than the XBI because of the double bottom pattern pressure and also because of how heavily underprice the stock is currently relative to fundamentals.
The momentum is good as seen by the MACD continuing to build up, and the Volume Flow is high and also continuing to build up.
It will cross the next resistance line and continue to be bull to at least the resistance of 10.36 or more. After which, it will consolidate and continue to prepare its future bullish trend.
Comment:
Accuracy is much higher now. Ignore my first 6 stock ideas posted July/August 2021.