Lots of petrol tickets spent bidding this thing up today in a heavy market. Borderline remarkable. Earnings tomorrow. On face value thats fantastic price action. Like everything, one false move and they'll smash it. A buy above todays high.
We don't have a problem. We just get in line.
PNV has behaved as expected () It's now just a matter of following the trend line up, like it has done for most of this year. Onwards and upwards.
PNV seems to have broken a 2 month bearish correction. Notice movingaverage of RSI beginning to make higher highs within cycles. RSI currently finding support near 50. Note also price finding support on the Keltner Channel midline.
PNV has been in this overall up trend since March of this year. The trend is confirmed by the third touch occurring on the 22nd of November, RSI has just increased from the oversold zone with volume 2-3x any other day since the 20th of September showing bullish momentum. There is a short term resistance at $2.285 which must be kept in mind. Entry: $1.910 -...
This things definitely looking strong to me above all the key ma's, and appears to be pivoting up. But might be searching for the EU catalyst everyone is waiting for. Once the trade restrictions are lifted on this amazing solution to burns and necrosis, its game on.
I was looking at this stock before the market open and had a plan to short it, got in at $2.59 with a stop at $2.62 and got out at $2.52.
Had a massive gain of 11.89%, but its way overextended now. If gaps up ill be looking for a short between $2.59 and $2.47.
noticing a few of these setups. Either tired leaders or ready to setup for another move. Looking for volume on the move.
This stock has been sensational. Earnings growth is expected to be enormous. They should be reporting very soon. If you haven't read up about what Polynovo are doing (BTM tissue) then it is well worth a read, these guys have a huge moat. Expect PNV to climb to 1.65 then prove the integrity of support @ 1.60
the pictures of the necrosis are scary as hell, the recoveries are mindblowing. Chart seems to agree with the story.
leading name in the medical health sector. Look for a strong volume move through 77 to confirm the hourly break. MACD cross and RSI bullish.
$PNV - POLYNOVO - Broken out of resistance Good looking chart - especially when you take a look at its 5 year chart and consistent growth over time. Its just broken past a long term ceiling and making new highs so might be worth a watch. PolyNovo Limited is a medical device company. The Company designs, develops and manufactures solutions for standalone and...
Needs some real love yet, but on watch
Im thinking cap raise is coming up, and no ive no idea if they actually have $$$$ or what they even do Something seems 'odd' here so im going to suggest retail are being fed atm. If it were going to go, it really should have by now OR if there is still too much supply(from where?) a spring/shakeout should have appeared. The weekly looks bored/weak Not holding,...
After the SON following 18/1 Announcement, PNV is recovering well and trying to reclaim the trendline today.