-I am watching the current price action closely for a major breakout
-I like the high volume move higher on May 28th followed by a month long tight consolidation
-I am seeing the high growth/most speculative stocks gain momentum (I believe $ONVO fits into that category)
$ONV0
finviz.com
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 11.40 USD
Massive inverse head and shoulders formed, symmetrical triangle on right shoulder expecting it to break above long term target is $29 (ark also has a small position)
My first overview of a narrative driven trade that is likewise seeing strong bottoming in technicals. Let's start with the narrative and get all excited before we get into what actually matters, the only truth - price action.
ONVO is a microcap. While I have found myself trading smallcaps/microcaps recently, I honestly did not think I would be writing about them...
Organovo Holdings, Inc. engages in the development of bioprinted human tissues that emulate human biology and disease. Its three-dimensional human tissue platform is enabled by its proprietary NovoGen Bioprinters and related technologies for preparing bio-inks and bioprinting multicellular tissues with complex architecture. The company was founded on January 30,...
Organovo Holdings (NASDAQ:ONVO) collaborates with Professor Melissa Little at the Murdoch Children's Research Institute (“MCRI”), The Royal Children’s Hospital, Melbourne, Australia and Ton Rabelink at Universiteit Leiden (“LUMC”), Leiden, Netherlands.
The project will expand the use of 3D bioprinted stem cell-based therapeutic tissues aimed at treating end-stage...
Big bullish divergence in terms of volume and price, with a spike up in volume and a downwards trend in price with lower highs, we are in the accumulation phase before we will see a big spike in the next 10 days. Profit targets around the $2 level makes this a great day trade or potential investment with a tight stop below the lower support levels. Bullish trend...
