Biolase is in an interesting spot. They were recently awarded a 2023 best employer work place award and are about to announce their annual earnings in March. The Pre-audited numbers look good. Separately from technical chart perspective it has a history of retesting prior cycle support. The left chart showcases prior monthly lows being retested. The current...
I'm a big fan of the Tom Demarks 9 count, volume and Vumanchu Cypher B indicators. Everything happens in waves. Predicting bottoms is near impossible. Some stocks die and never come back. BIOL is currently showing a 9 on the 1 year chart, a double 13 on the 1 month, triple 13s on the weekly. It has is a low market cap, compared to its revenue and all of its...
BIOL had a triple top in late July so this is a logical long target at 8,0, With earnings in less than two days, volumes above the mean in the past couple of days and a decent price-volume product trend coupled with a Price Monetum Oscillator without any signs of topping out in a momentum stall or fade. I see this as a long pre-earnings play with about 12%...
Waiting for #BIOLASE #BIOL #NDAQ #NASDAQ NOT INVESTMENT OR FINANCIAL Advice!
BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures,...
Bullish ALT Bat Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
Biol is Not out of the woods yet I am hoping for continued strength after finding a potential bottom.
Upon further examination I now find Biol in a falling wedge ready to Breakout $.75 cent first target then up the ladder, and pick axes tend to bring big moves.
I expect Biol to go on a run to $2 dollars. strong consolidation
Q1 2022... Way more ALPHA on these plays than 62k BTC. Bull Flag... Inv. H&S....
Strong POTENTIAL REVERSAL ZONE of two Bullish Bat Waiting for Break of Trend line with RSI ABOVE 30 BUY
3-month candles. 30 years of data... 30-year trend broken. (Inverted Parabola Broken) With 3 month (STRONG BULLISH DIVERGENCE!) If I was a hedgie, I would short this for 30 years closing every dip before the dead cat, and then re-open another short... Until It got to the very bottom and with all my profits I would buy half the damn company! (THAT MASSIVE...
This target takes us over the top trendlne. This is a big play!
And you are selling the good assets in fear! Nothing changes the macro on the already depressed and oversold bottomed assets that I find and invest my hard-earned Capital in. Matter of fact they just got even more BULLISH! Like BIOL... That 4hr Hammer/ Bullish engulfing with that RSI basing with exaggerated hidden bullish divergence! I doubled my position....
These are the ChARTs I search for. Bitcoin ruined me. If a ChART doesn't have a 3 to 5 X potential it doesn't interest me. This could go back to $70 and that's a 100 X... ME LIKEY!
$BIOL - 2021 Second Quarter Operating Highlights (all comparisons are on a year-over-year basis unless specified otherwise): This is now 3 consecutive Q's of growth back to back: Net revenue grew 211% to $9.1 million: Over 70% of U.S. laser sales came from new customers, continuing a positive trend Over 35% of U.S. Waterlase sales came from dental...
The company's stock is in the consolidation stage strongly The stock is now buy I do not recommend Stop Loss because you will be taken out by the market makers I cannot say more details about my strategy as it is very confidential
Lets see if support can hold here... If not... I expect a bottom... not advise to buy or sell