Hey folks, happy Thursday!
I am currently on the weekly chart for CODX and it seems to be forming a long-term bull flag with an ABCDE correction pattern. The long position might take a few weeks to play out but it looks bullish long term wise.
Bullish MACD divergence, gap to fill at 12, closed over the 50ema for the first time since late march, and buy signals screaming reversals to double digits!
If you missed the 2x from my previews call:
Then you should know that the stock was hit by a big selloff, even though they beat the consensus analyst revenue estimate in Q4 with sales being higher 24% year over year to $27.1 million.
This might be your 50% upside potential chance.
If you are interested to test some amazing BUY and SELL INDICATORS which give...
Co-Diagnostics Wins Regulatory Approval to Sell COVID-19 Tests in Europe!
Nov 17MT Newswires: Co-Diagnostics (CODX) said it has received regulatory authorization to sell its Logix Smart ABC and SARS-CoV-2 multiplex tests for the diagnosis of COVID-19 in markets that accept CE markings.
The indicators are looking bullish on lower timeframes, which can mean a...
Virus related news is back on the minds of many people, creating a high degree of uncertainty. CODX progression this year has been fantastic and bullish trend lines have not been violated.
