Chart wants to go down to the 1.58-1.51 range before a reversal. Watch closely in that sector. Once it hits the bottom and moves upwards it's a BUY for me! The first PT. is 1.83 once the reversal has formed. When the stock goes above the green line it game on. Watch for a breakout. Patience will be key. News can very much send it.
Overreaction to their public offering. Their cash balance would already be higher than their market cap once the offering is closed.
Price has continued to make lower lows on the monthly, while the stoch & MACD indicators have continue to rise, which should imply bullish divergence. Interested to see how it plays out. If you assume price will hit the kijun-sen on the ichi moku before rejecting thats a ~1080 point movement.
Higher low printed at the end of a long downtrend, tested diagonal resistance 3x already. Decent volume. 15% of the company purchased recently as well as insider buys. will be looking for breakout this week. Ideally not a short term trade, hope to be able to hold these shares for a while
Buy at market price with stop loss at 1,5 and targets as resistance levels to scale out of your positions.
Strike price @ 2.5 Anything below 1.95 cover your loss . Good luck and happy holidays!
$HEPA Breakout of the wedge: - RSI divergence. - MACD looks good. - Price projection gives 40% possible profits. - It would saver if traded until $3.81 resistance. - Patient traders can wait for a pullback for a better entry position. You can check my ideas here: notrustyourbroker.com
uptrand in force, possible sl and tp marked on chart