VRAY ViewRay went down due to market conditions on no particular news. In fact, in a report released on Feb 28, Oppenheimer reiterated a Buy rating on VRAY Viewray, with a price target of $8.00. The stock is now trading at $3.36, being extremely oversold, with the RSI at $16.92. Looking at the options chain, I would buy the $4 strike price Calls with 2023-4-21...
hey traders! . as we see at the chart we have cup & handle pattern, so we need closing above the blue line for 1D par to get our targets (green lines) your stop loss is closing 1D par under the red line. . trade carefully guys and don't forget risk management
VRAY has been on a downtrend this whole year however there has been significant buying activity lately. The weekly MACD is about to turn bullish while the RSI has just had a higher low and is trying to come out of oversold territory. Currently VRAY is close to its 52 week low price. There has been large buying activity from the insiders, CEO, CSO (chief...
ViewRay, Inc. engages in the design, manufacture and market magnetic resonance imaging (MRI) system. It develops MRIdian to address the key limitations of existing external-beam radiation therapy technologies, and employs MRI-based technology to provide real-time imaging that clearly defines the targeted tumor from the surrounding soft tissue, and other critical...
VRAY is reaching a long term resistance. A strong rejection on that level could be a good short setup. Potential harmonic pattern on 4h chart. A strong breakout above the downward trendline invalidates this setup.