I've noticed this triangle forming with the lower high resistances and higher low supports. The price action seems to be staying in this range but we are running out of run way. My position is bullish due to the companies progress and forward expectations on upcoming earnings. A breakout to the upside is quite possible but a safe bet would be a trade to the upper...
Sens Stock: Eyeing 38 Cents for All-Time Low Buy Opportunity
Sens stock, a compelling asset in the realm of healthcare technology, is catching the attention of investors as it approaches the 38-cent mark, representing all-time lows. With the formation of a double bottom and falling wedge pattern, this potential buy opportunity could pave the way for a remarkable...
Sens recent earnings was quite good but the stock has sold off anyway. I have been waiting patiently for this moment as we could be reaching the bottoming phase based on the chart analysis of the bearish shark.
What narrative could make it spike up in price?
Please do your DD as this is not a financial advice.
Sometime this week we may see the share price of AMEX:SENS drop to $0.78. Anything lower could indicate a drop out of the trend, but if it holds, a large profit could be made moving into August.
Using a combination of the following 3 scripts:
1. Advanced Price Direction Algorithm
2. DeQuex Algo
3. Moving Average Convergence Divergence
If all 3 give off a...
AMEX:SENS Sensus Healthcare Inc., is a medical technology company that specializes in developing and commercializing innovative non-invasive treatment solutions for various skin conditions, including non-melanoma skin cancers. Here are a few positive aspects to consider:
Innovative Treatment Solutions: Sensus Healthcare focuses on providing non-invasive and...
2 very critical gaps to fill, 1st @ 2.35 2nd @ 3.35 , I expect both to fill within 90 days , not to mention a bounce off this rev fib would shoot us up to 2.92
SENS finally received FDA approval on their 180 continuous glucose monitoring system and the price TANKED! Out of nowhere today we see somewhat of a change.. I believe we are on the upswing now for some violent price action. Take a look!
we go bounce at our support 2.18$, We have strong resistant and reversal area at 2.70$, we should have 4h candle to confirm the bullish momentum .
if we didn't hold the above support, we will see buying pressure agin at 1.72$
$4 calls in the money now, still have 8 days to expiration. Time to take at least half profits...still has plenty of room to go, but always protect some profits.
Over $4.15 we will see a move to $4.76, $5.20, $5.64.
Resistance at $4.58
SENS has a catalyst in the next 1 - 2 months. You can take 2022 March $4 Calls. I’m holding SENS $2C 01 /20/23 @$2.5 Calls.
Breaking out of this triangle, solid move so far this week. Anticipation of FDA approval of 180 day wearable glucose monitor as the driver and potential catalyst for more...also risky for that reason
This weekly triangle is looking interesting, just starting to study this stock. Implantable glucose monitoring company...I like the chart and the tech so far...starter position could be 11/19 $4.00 calls at $0.13/$0.15
