If can hold this level we see soon 60 dollars level
Multi-month resistance breakout, on watch for confirmation.
Can you see why I love this chart? Still the far end is a little too loose for me. But I could make an exception and just have a bit of a wider stop or zoom in to a lower time frame. I dont really have any more room in my portfolio for another position, maybe ill have to dump something that is underperforming. We will see, no rush.
Technology company, genetic testing & next gen sequencing solutions. FLGT Crossing 47.83 ALERT STAGE 2/ 34 WK/ 1.9% RES/ 36.6% MA VCP 20W/ 50-11%/ 4T 34% INSTITUTIONS NEXT EARNING FEB '21 CRUSHED EARNINGS
have a bullish idea on it . if the start of the week is going to be bearish , we 40/41 is a good price to enter long . if not , 43$ is good as 41$ .
Would like to see the volatility dampen some more before it breaks out
NASDAQ:FLGT long idea ! Pull Backs in a Up ! vol up ! Above average 50 day !
FLGT: Fulgent Genetics, Inc. 2020-11-23 08:00:00 Fulgent Genetics Announces Increase to Full Year 2020 Guidance to $300 million
Sellers may have finally capitulated as this is oversold and turning up. Earnings could act as a catalyst for a run up.
Hello traders, FULGENT GENETICS is in a bullish push with low sell volume issued and bull candle. The TIMEFRAME 1Min shows a bull candle with buyer rejection, so conditions are optimal for the price to rise. High probability of recovering the losses of the session and arriving on the last precedent higher. Who is the first strong collapse and on TIMEFARAME 4H, it...
Coronavirus Testing Through Fulgent Fulgent now offers both molecular and antibody testing for COVID-19, including an FDA EUA-authorized RT-PCR test. 13 hours ago their price target got raised to $31 by Piper Sandler, the reason for the raise is probably related to their recent Covid testing program.
FLGT definitely has my attention, although not at these levels. An entry near the 50 day MA (light blue line) seems more appropriate. Super low floater (11M outstanding, 8% short) really has my attention.
FLGT setting up for another potential move higher. I'd target a break above the shaded area for an entry.