Co-Diagnostics, Inc. is a molecular diagnostics company, which engages in the development, manufacture, and marketing of diagnostics technology. The company's products are utilized for tests that are designed using the detection and analysis of nucleic acid molecules. It also uses its proprietary technology to design tests to locate genetic markers for use in...
Here we have the CO DIAGNOSTICS INC - Cboe BZX (CODX) chart, which is the stocks now tracking the coronavirus... This thing is showing massive growth.
We can start by looking at the weekly timeframe... This is a complex setup for me, TA here is hard.
CODX (W):
When the chart is looking like the one above, it is hard for me to pinpoint what will happen next......
Co-Diagnostics, Inc. is a molecular diagnostics company, which engages in the development, manufacture, and marketing of diagnostics technology. The company's products are utilized for tests that are designed using the detection and analysis of nucleic acid molecules. It also uses its proprietary technology to design tests to locate genetic markers for use in...
Dont usually do legacy markets BUT.. This is a fantastic trade with a wonderful RR. I haven't exactly looked at any SEC filings yet and I haven't seen if this is news driven but I am convinced this is a fantastic trade. Mondays also tend to be a nice day to dump in legacy shit markets so the probability is in our favor on alot of different fronts. Now we just need...
BUY CODX = 1.1$
STOP=0.7$
TARGET1=2.9$ R=4
TARGET2=3.8$ R=7
TARGET3=5.1$ R=10
Chart 1 month big big level and base = 0.8$ to 1.1$
NEXT level 3.0$ usd
CODX is setting up to be a major player in the extremely “Profitable” $100Bil Biotechnology sector focusing on “Cancer Detection” using its patented CoPrimer™ technology with applications in Liquid Biopsy...
This could be the next NASDAQ Biotech ready to move in a big way, here's why...
(Nasdaq: CODX) displaying the Holy grail of Bullish signals - a GOLDEN CROSS.
The 50 Day EMA just crossed the 200 Day EMA, which most of you know by now is a bullish signal that indicates a potential breakout is on the Horizon.
Here Is Another Potential "Breakout Catalyst" In Play...
NASDAQ:CODX a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today the growing use of the Company's Vector Smart(TM) NAM-W test by mosquito abatement districts to identify the presence of West Nile virus (WNV).
AVERAGE ANALYSTS PRICE TARGET $2
AVERAGE ANALYSTS RECOMMENDATION ...
This was a pre market runner from 0.90 -> 2.25, but could not find strong enough support and ended up falling right at market open, through out the entire day. I will be watching for continuation trade, and will set my alert at 1.58 level, as that will be key. Break and re-test at 1.58 is what is needed for the trade.
Hello Successful Traders,
The stock (CODX) has manifested an immediate reversal in direction within the early bell. Even though the PR had presented valuable insight on "High-Performance Detection of Cancer Mutation in Liquid Biopsy Samples" (TD Ameritrade). Be diligent as there could be a very quick and sporadic movement to the upside (bounce - bullish). Await...
Last spike resulted in the same crash. News not that great and company is losing money big time. Read into it 6 months ago, don't have time to post the detail. 17 million shares outstanding as of May.7
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