On the above 2-week chart price action has corrected 95% since early 2021. A few reasons now exist to consider a long position:
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Trend reversal. A higher high prints.
4) The wedge pattern allows for a price action forecast to 130.
Is it possible price action corrects...
NASDAQ:CDNA shows sign of preload from below.
Expecting growth till the end of next year. Good potential (x6 if predicted scenario)
Does not constitute a recommendation.
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CDNA is three days past its large down day following a small gap. This kind of trade setup shows a positive edge if you wait for three days after the drop to execute a buy. Let's see if it works this time!
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 18, 2022 with a closing price of...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on August 25, 2021 with a closing price of...
Looks to me that one can make an argument for either or both a cup with handle or bull flag formation on $CDNA. I've had my eye on this one for awhile and simply never pulled the trigger. Now it looks to be setting up to break-out of this formation. I'll be looking for an early entry once the price closes above the handle or flag formation. As the economy opens I...
CDNA
CareDx, Inc. is a commercial stage company. It develops, markets, and delivers a diagnostic surveillance solution for heart transplant recipients. The Company provides AlloMap, a noninvasive blood test used to aid in the identification of heart transplant recipients. It is also pursuing other areas of transplant surveillance, such as the use of cell-free...
NASDAQ:CDNA been moving sideways consolidating its 77% gain from the September rally. The stock looks ready to break to ATHs and starts the next leg higher.
Contextual immersion trading strategy idea.
CareDx, Inc., a precision medicine company, discovers, develops, and commercializes healthcare solutions for transplant patients and caregivers worldwide.
The share price rose after the company preannounced preliminary revenue of about $53 million for the three months ended Sept. 30, 2020, up 57% year-over-year. This...
I'm just working on my charts don't mind me lol. Do you think we will reach wave 3 or will we fall short? It looks like we are going to break out of this bear flag soon. Any advice or different ides, please let me know! Thanks
This is a Bullish indicator signaling CDNA's price could rise from here. Traders may explore going long the stock or buying call options. I identified 45 similar cases where CDNA's MACD histogram became positive, and 34 of them led to successful outcomes. Odds of Success: 76%.
CDNA is at the bottom of its old trendline and should start creeping back up in the next month - Potential $25-30 range.
Recovery angles have trended the same over its history. I think $19.70 was its bottom out, and there should be a nice 20-30% recovery in the next month.
Observations, not advice.
