NASDAQ:BNGO Hello all, short article today about the play of Supply and Demand on BNGO. My current positions as always will be listed at the bottom of the page. The laws of Supply and Demand suggest that the two are inversely related, When supply increases demand decreases and vice versa. When looking at BNGO we have seen a steady decline in price over the last...
Falling wedge forming. Bullish RSI oversold.bullish
NASDAQ:BNGO TVC:RUT EASYMARKETS:NDQUSD In my previous articles I have talked about the fundamentals of BNGO and how I believe it is a strong company in the long term. For this reason I am choosing to hold a long position on BNGO. I added more shares at $4.00 today, increasing my long term holdings, and ability to sell covered calls. I trust that management...
NASDAQ:BNGO Has the down trend of BNGO finally come to an end? I am not one who believes in the reading of charts, I do understand the basis behind it though. The idea that humans exact in a certain way consistently, thus the charts should react in a similar way. I do not believe this is how people should invest, but I do understand the human tendency behind it....
NASDAQ:BNGO As the BNGO struggles continue well into the third week of November 2021, what are the takeaways, and what should investors plan for the future? The Underlying The company is on track to do at least $15 million in revenue over each of the next five years, the EPS will be cut down to the break even point very soon. The company is currently holding...
NASDAQ:BNGO What in the world is going on with BNGO? It seems as if no matter the news the stock goes down. For a company that is set to record their highest earnings ever, the stock movement does not reflect that. For smaller cap stocks this common, stock pumps, hedging, shorts; all play a role in the price. Why is the stock going down? Earlier this year...
BNGO has had its fair share of troubles in the last few months, the stock was pushed during the meme stock pump and dump phase earlier this year. What's next for BNGO? BNGO is by no means a short term hold, the company has been working hard in the industry to provide advancements in OGM (Optical Genome Mapping). Although holding a $1.48B market cap, with a 52...
In a nut shell ...Be alert on big sporting event nights . The energy from events spills into the market . Still looking for 3000-3500 as P/T for this leg up before consolidation to attempt a run at ATH. overall I still don't see the power to move past yet . IMO alt season is coming before the BTC AND ETH RUN this year . LOOK of for 6 figure btc AND 5 Figure Eth...
Shib is making the moves ! Watch the video . The time is now .
Bionano Genomics, it is in the field of gene sequencing. The company`s product, Saphyr, uses optical genome mapping to help detect structural variations in gene sequencing. Bionano recently acquired BioDiscovery for $100 million, which is a leader in clinical software production. The acquisition may facilitate adoption of the Saphyr system, in $4 billion...
once 4150 is confirmed as new support the breakout to 4500-5000 will run .
Shiba Inu seems to be finding higher lowes at the moment as we climb back up from a sell-off after reaching new all time highs .
A needed retracement to previous ATH to confirm it a a solid support level for these next legs up needed before going even further into uncharted territory and moving to break past ...5000 and eventually KNOCK ANOTHER 0 !
The SIBATRON 3000 is fully activated and ready to BLOW !
Looks very bullish Inverse head and shoulders Falling wedge Closed with a hammer on trendline indicating reversal
Hello everyone, if you like the idea, do not forget to support with a like and follow. BNGO is approaching a support area so we will be looking for buy setups on lower timeframes. on H1: BNGO formed a valid channel in red and a reversal pattern. But it is not ready to go yet. Before we buy, we want the buyers to take over. Trigger => Waiting for a...
Hello everyone, if you like the idea, do not forget to support with a like and follow. BNGO is approaching a support area so we will be looking for buy setups on lower timeframes. on H4: BNGO is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing....
Love the stock and the company so got nothing else to do but wait this out. Holding about 20k shares. Short-term PT --- R1 $6.53 R2 $6.72 R3 $7.63-7.67 ... Near-term PT ~ $13.52 ... Long-term PT ~ $40-60 (let's settle on $50). Let me know what you guys think.