BNGO (need to watch after hits target 6.30) two ways
Hello everyone, if you like the idea, do not forget to support with a like and follow. BNGO is sitting around strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H1: BNGO is forming a channel in red but our upper...
Hey guys. 6 USD zone is crucial. Target for the next days: We need to pass this zone for a trend reversal.
We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market. I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions....
TICKER CODE: BNGO Company Name: Bionano Genomics, Inc. Industry: Healthcare | Biotechnology | USA Position Proposed: BUY Technical Analysis 1. Falling Wedge / Pennant (Forming) 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. RSI Reached OVERSOLD 4. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length Entry: NOW READY...
So when BNGO was 50 cents I realized that it was doing a silent accumulation and with a name like Bionano Geonomics, how could I go wrong I thought? well, selling at 55 cents is how I went wrong. i thought i was slick with my couple percent profit. selling in the bear trap. As always, BNGO is being shorted, and was accumulated by none other than Cathy Wood. I...
We started the day with a huge gap up (4,44$). My next targets are marked in the chart. The bounce zone did a nice job and the chart clearly shows in the right direction. Have a look at my last related idea. There i posted my opinion on the current situation. Here again for you: Many have asked me about an entry. But I cannot make the decision to buy for you....
Hey:) Many have asked me about an entry. But I cannot make the decision to buy for you. Either you believe in the company or you don't :slight_smile: Always ask yourself one thing: If you were ready to buy in the hype of the stock (at 10 for example), why not buy at low prices? It's not about the perfect entry. It's about a long position that you will hold for...
4,00 - 5,10 USD is our strong support. Everything below is bearish territory with open gaps (3,12 USD). I`ll keep you up to date;)
I can only say one thing: This zone must hold. Our big support zone goes up to 4 USD. 4,80-4,87 is my main level. Everything below 4 USD is a big gap zone and very dangerous. I will give you updates on these growth stocks when i think it makes sense. Currently far too volatile & manipulated to make technical statements.
I expressed my thoughts in the chart. Hope you can follow my train of thought.
6,00 and 6,20 important levels. Still looking forward to the double bottom scenario at 5,10 - 5,15 USD.
Double bottom scenario at around 4,87 - 5,12 USD: That would make the chart look really nice. But first focus on 6,00 USD! Everything can change quickly in the current price area!
Double bottom at 6,40 would be a good sign. But the gap is attractive for the market. 6,75 only needs to open the doors. Close above 6,40 today would give us the possibility to create this formation on monday.
I don't actually pay much attention to the pre market, but it is already giving me some signals. The next main support is 6.00. We still have a small gap at 6.20. Experience has shown that these gaps are closed, so we can definitely expect 6.00.