Recommended and bought yesterday. Low price Popper. Earnings in a week. Bought strictly on oversold levels and divergence
BLI trying to break its top trend line resistance going into the close, we could gap up over the resistance area. on watch. stop loss 17.82, price targets are 33/40.53/48.42
Not Comfie taking this trade but something to watch. It does have a good R/R right now so I will post it.
Short position set on BLI as a kind of Hedge against the expensive Market. With a flush up bar to force the top (only Just) I am entering this trade. BLI a very poor fundamental company with earnings the start of August. Zacks estimate -15%. Looking to get out at 2R, however should the US Market as a whole turn sour I will hold for much longer
Great opportunity for a new position in a future super growth stock. Many stocks are oversold this is getting there also. Stop is placed 1 tick under revisal candle that you should wait for to make entry, look for a hammer, or piercing candle or any engulfing candles
If we break under 40 it will be a gift you probably want to be in here now.
Berkeley Lights has been trading in a uptrend channel ever since they lunched their IPO. Yesterday BLI touched 4 hour demand and bounced back up. It also formed a bullish divergence on 1h, 2h, and 3h chart. Short term can be capitalized on the gap fill once we get a breakout over the 86 mark for a clean move to 87.5. Long term, I am interested in taking equity in...
IPO intraday trading strategy idea Berkeley Lights is a leading digital-cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the...