Downtrend looks to be broken following pump after substantive news. Bullish flag suggests we are at current bottom
Idea only not professional advice BIOLASE Reports 70% Revenue Growth In First Quarter 2021; Continued High Demand From New Users For Dental Lasers. 2021 First Quarter Operating Highlights (all comparisons are on a year over year basis): Net revenue grew 70% to $8.1 million with: Laser system sales increased 139% Consumables and other revenue increased...
Cooling off happening today... Monday should be interesting... manage risks
BIOL FINAL SELL OFF IS POSSIBLY OVER TODAY NICE VOLUME AGAIN ON THE WAY TO HIGHER LEVELS 2 $ - 3 $ - 9 $ AND ABOVE ?? GOOD LUCK HAPPY TRADING
Lookin ready to move up who knows how far with the state of things. I'm bullish with dentistry opening back up since vaccinations are being distributed. That bounce off the 0.618 right up to the 0.5 is pretty sweet.
THIS IS NOT FINANCIAL ADVICE BLACK LINES are support. RED LINES are resistance. BLUE LINES are trends. TRADE IDEA: BIOL doesn't face a lot of resistance. If BIOL breaks 2.00 it should go to 4.00. If it breaks 4.00 it has the potential to go to 9.00. At 9.00 I will be completely out of the trade. FUNDAMENTALLY Company Profile 4 Cromwell Irvine, CA...
It's almost exhausting watching BIOL do this every time...jump, fall, jump, fall, all right back to this channel. There's an interim gap to fill from a few weeks back but still many other levels to consider IF it can break back above and out of this channel. I think volume will be an indicator to watch in consideration of whether or not this can happen. Because...
4HR BULLISH BAT & 1HR Bullish Crab Strong POTENTIAL REVERSAL ZONE price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL BUY
BULLISH BAT price need to Break Green Trend line POTENTIAL BUY
Stock: BIOL Prediction: Long / Buy
Nice Swing play on BIOL with a RR of 1:6. ascending triangle has been building for the last few weeks and is forming to breakout. we are out of this trade if it trades below $1.10 with low volume and profit taking at $2.80 being mindful of the resistance at $2.00 stopping us along the way.
$BIOL target $2+ Do your DD , this is not investment advice
After looking at the company they are an expanding company with new users buying there product. The number of new users is increasing, and there earnings coming up look good. We might see some pullback and the price go lower, but we will see a big move up in my opinion.