Who wants to make 200% on short trade... Here you go......massive bearish cat ears pattern on the 15 min thru 4 hour time frame. Stoaks also about to tank. Your welcome!!!!
Downtrend broken. Bullish flag on the 1 hour while trading tight with the 9 EMA. Above average volume past 2 days with no news? Leak ?
This play is known for it's volatility and leaky news, market is expecting good update about the company's new Covid-19 saliva test, along with sales, revenue projections, and regulatory approvals. Either one of those will...
SONA Looks like its ready to break out of consolidation after a recent spike up in the last month.
Ill be watching the current support level at around $1.62 and try to enter as close to that price as possible.
Still quite a hot sector as this company focuses on administering Covid 19 tests as well as other Lateral Flow Tests which are used in various...
Identical setup to my Aug 6th call that resulted in 70% profit. Strong support at EMA 50 and oversold on the Hourly. Possibility of news tomorrow or Friday. Stop loss under today’s low.
SONA shaved off close to 60% off its recent highs after news of 2 week delay for FDA approval of their COVID-19 test kits. Nothing has changed fundamentally and, if you read the NR carefully, they are lining up more customers and shipping kit prototypes under research license. NASDAQ uplisting is pending as well.
The stock has landed in the historical support...
SONA sold off on news today, filling the 1.25 gap in the process and testing the 1.13 Fib support. While more downside is possible, daily RSI is approaching oversold area and hourly is already oversold. Historical support in this zone as well. I took some at 1.15 - 1.17.
Bought SONA on pullback at .67 - .70 to take advantage of the Coronavirus scare. Solid product/partnership with GE. Solid NR but currently caught up in market wide panic. Expecting a rebound.
