Price about to break the ascending triangle. 3 scenarios: 1. Break imminent 2. More range bound within the triangle and then break 3. Fail My targets for 1 and 2 are 75 (the triangle target) and then 100 (Fibo extension). Trade safe.
2ND TIME ENTERING THIS TRADE ; FIRST ENTRY TOO EARLY. Technology company, genetic testing & next gen sequencing solutions. FLGT Crossing 47.83 ALERT STAGE 2/ 34 WK / 1.9% RES/ 36.6% MA VCP 20W/ 50-11%/ 4T 34% INSTITUTIONS NEXT EARNING FEB '21 CRUSHED EARNINGS 12/29/2020 Held price on overall down day in the Russell 2000... Large volume with near...
Im not too optimistic on this one since what I see is on a daily, but not a 4 hour chart. Let's see how it plays out. I want to see if using the A/D would be as effective in this case on a daily with fewer days as opposed to more days to see the signal.
Ema 50 gave a kick to the ass and changed direction
If can hold this level we see soon 60 dollars level
Multi-month resistance breakout, on watch for confirmation.
Can you see why I love this chart? Still the far end is a little too loose for me. But I could make an exception and just have a bit of a wider stop or zoom in to a lower time frame. I dont really have any more room in my portfolio for another position, maybe ill have to dump something that is underperforming. We will see, no rush.
Technology company, genetic testing & next gen sequencing solutions. FLGT Crossing 47.83 ALERT STAGE 2/ 34 WK/ 1.9% RES/ 36.6% MA VCP 20W/ 50-11%/ 4T 34% INSTITUTIONS NEXT EARNING FEB '21 CRUSHED EARNINGS
have a bullish idea on it . if the start of the week is going to be bearish , we 40/41 is a good price to enter long . if not , 43$ is good as 41$ .
REALLY BLEW THIS AS I HAD IT PRE PLANNED BUT WRONG ENTRY @ 886
Would like to see the volatility dampen some more before it breaks out
NASDAQ:FLGT long idea ! Pull Backs in a Up ! vol up ! Above average 50 day !
FLGT: Fulgent Genetics, Inc. 2020-11-23 08:00:00 Fulgent Genetics Announces Increase to Full Year 2020 Guidance to $300 million