$30 recently, got its machine approved by the FDA and bagged its first US sale. The owner has also mopped up shares in the open market and shares available for shorting are dangerously low for short sellers. A larger term iHnS pattern is ready to break out plus an immediate bull flag as well. The stock has been consolidating at $28 for a week or so but it probably...
I like the trend. It should look like as predicted, however, OBV SUGGEST an Imminent trend break out soon. Will it happen we don't know.
When we have trend structure like this, playing vertical spreads or a butterfly gives the most risk to reward advantage. My fav, long-term out of the money call leaps with short-term around the money puts.
However, it can be...
for a while. The owner has been mopping up shares in the open market and the stock has been knocking on the $30 ceiling for a while now. With the FDA granting approval for their machine last quarter, it appears that the company is set to prosper. Last week, it knocked on the $30 ceiling again and looked set to bust through. It was rejected. I can see the stock...
Things going on with AXDX:
*History of Jack W. Schuler (Director) is very unique and understands this business.
Insider bought in 5 days: over 450,000 shares
I my opinion, $19-$20 will be great buy area
When to consider buying:
1) Any time with Call options
2) Good time with earning scheduled for 11/8
3) After 1st green day, on chart
4) When price action breaks...