Hello traders, Coming to this week we saw a big bearish openning gap due to the geopolitical events in the world, if things remains relatively stable, I would be expecting the BSL to be taking out in the next one or two days .
* Broke its historical resistance of $23.55 which dates back to 2006 with tonnes of volume behind the move
Technicals:
* Sector: Basic Materials - Agricultural Inputs
* Relative Strength vs. Sector: 52.33
* Relative Strength vs. SP500: 8.92
* U/D Ratio: 1.61
* Base Depth: 71.26%
* Distance from breakout buy point: 2.35%
* Volume 196.27% above its 15 day avg.
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- ReShape leader in weight loss market
- FDA approved Lap-Band manufacturing moved to the US
- eliminated debt overhang
- ReShape Marketplace - digital health solution
June 30, 2021: Cash and cash equivalents and restricted cash were $40.2 million.
ReShape Market Cap only 50.061M
Shares Outstanding 17.20M
On 7/1/2021, Ben Haynor from Alliance Global Partners...
KEI IND. given breakout after big consolidation ,
stock trade at low PE compare to others.
accumulate between 588/533
we seen 701/777/855/933+
view invalid below 455 cbsl
Note : views are education purpose only.
