Bringing together the two distinct worlds of penny stocks and forex trading requires a comprehensive understanding of the unique characteristics of each of these investment opportunities. The article discusses how the speculative nature of penny stocks compares to foreign exchange trading, helping traders gain a better understanding of the opportunities and...
On the above bi-Weekly chart price action has corrected over 90% since a sell signal in November 2020 @ $13 (not shown). A number of reasons now exist to be bullish , including:
1) A strong buy signal prints (not shown).
2) Regular bullish divergence . Multiple oscillators printing positive divergence with price action over an unspecified period.
3) 2-week...
Bullish push of daily 20 ema. 12.58. Nice after hours movement. Daily golden cross. I’m long … this is geared up. Even the Monthly looking solid! .628 11.74
.5 fib 14.10
.382 16.34
.236 19.10
Old high 23$ target 21$ let’s go
Idk about you guys but I have been looking at this stock for A very long time. I’ve played the swings on it a few times. Last breakout months back I got at 11$ On a Friday and on Monday it was at 18$ premarket as it broke from a massive pattern. We did fall back into that pattern again shortly after news came out. However we did something incredible. I don’t have...
Attempting a breakout here. Wait for confirmation with potential back test. Really needs o hold above 9$ here. Biotech is looking pretty bullish and it’s very very very low ! KLdO FIXX DTIL edit. Even some low Spaqs breaking out
DTIL from an elliott wave perspective has completed wave 2. Consolidation here would be good for an enentual wave 3. The projected zones are optimistic and it could easily take longer for the stock to move that far upward. I expect resistance around each target point which could cause consolidation, but hopefully from a long standpoint the stock could hit ATH by...
I am very bullish on DTIL biotech stock. Weekly curve seems to be back to test it. Growinf at a fast pace on the weekly chart. Structure still holding. Targets of 23$
I typically post about what I'm actively trading, so I don't know how I forgot to mention this little gem. Precision biosciences is in the gene editing space with a relatively small market cap compared to others in the space (e.g. CRSPR). The company outlook is great in my opinion. It's one of my core stock picks for the year and largest holdings. My first...
I like DTIL to keep coiling for a possible breakout. I think a double bounce has more upside potential resulting in a late March 20PT whereas a shorter breakout could still give a 19PT by mid March. Either way I want to see it take back the 21EMA today or monday to instill confidence.
If we break the current support, likely down leg to lower upward trend. I will likely bow out and re-buy at the lower level. If we break above current support, will likely add to my holdings as I have done previously at this level.
This is a speculative trade based on potential future benefit, so do what you will with it.
This is one of those companies where the fundamentals match the chart. This company is bringing gene editing to cancer and biodevelopment. The leading diagonal is super promising to have a strong first wave that would finish at ATH. After the Fib correction this could fly outside the pitchfork and really show longterm growth. Price targets on the next two waves...
Not much to say here other than bio stocks are the place to be. Historically there is plenty of headroom on this stock. I bought in around $9 and yes I wish I bought more. ATH is $23.60 - although very very briefly. In the meantime, I need to figure out some better charting for this one.
Wait for the test and continuation up on this one. It has been such a long...
Precision Biosciences (and Crispr as well) both recovered into an area of resistance - but have not yet proved they are back on track.
I am long on both and if we strike further down will be accumulating. FWIW, I am looking at both being very strong in the spring - but at this point there is high risk.
I set a tight stop on DTIL at 12.96 having seen some decent profit. It's hard to establish trendlines on this one but if we test as support and continue back up I will re-enter.
