FLMD had earnings in May with positive earnings beating the expectation of analysts that it would continue to lose quarter after quarter. Investors and traders have reacted with a 80% run-up in the month after those earnings. On the 30-minute chart besides the consistent uptrend with minor corrections, what stands out for me is the increasing volumes...
All, LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation...
All, I think LFMD has a shot here to at least fill the gap and go a little further 6.50-7.00 range with that being said I am only interested in short term options with tight stop losses or a longer term $10 call way out. Most analysts put this around $16 range. I think it's a little lower maybe $10-$12. MUST add tight stop loss on options or stock here. The...
All, if this breaks below I expect to see around $11-10 range would not get too greedy. Last financial quarter was a blockbuster/shift in the company. Let me know your thoughts
All, Was starting to question LHDX down here. Now it all makes sense. Double checked it lower frames as well. if we can get a break it's home free. Best Case: Breaks and I think we see $9-$10 with ease. Worst Case: Double bottom original big move and breaks both resistances.