Ascending Triangle, confirmed.
Descending volume during formation
Volume increase at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
R/R ratio above 5
250RSI below 50
PT = 1.59$
We are back in action here @ GHSI.
My first alert took a bit longer than I thought it would but finally back at price of July/Aug 2019.
Big body of Cup formed and migght see a small pullback (handle) and then launch into green zone. I have no Idea how high this might go but PT1 : $1.6
should then catapult this into $3 range pretty fast.
this shows how beautiful the trend has been and continues to be.
What we see is consolidation in the .70s - bands are narrowing, and notice how the price has stayed above the middle bollinger band indicating bullish sentiment and price action.
We are poised for a move above one. dollar in the coming days/weeks.
Chart is a true beauty NASDAQ:GHSI
The CM VIX FX which I find to be incredibly reliable in finding market bottoms , is flashing green on the hourly.
a great sign for the beginning of next week
I have already shown you the descending wedge in previous posts.
the chart is clearly rising, and above the middle bollinger band on the 4 hour chart.
look at the recent red candles and the lower wicks - also bullish
the bulls are in full control and will be for the foreseeable future.
Bret Scholtes will transform this company.
buy in now and enjoy your investment
This chart lines up perfectly on 1yr and you can expand to 5yr to see where I came up with the white line markers for PT targets.
Bullish trend started early Nov.
Simple. GHSI is going up. Buy
*Please leave a like if you find this helpful, thanks*
Guardion Health Sciences, Inc., together with its subsidiaries, operates as a specialty health sciences company in the United States. It operates in two segments, Medical Foods and Medical Devices. The Medical Foods segment offers Lumega-Z, a medical food that replenishes and restores the macular protective pigment; and GlaucoCetin, a vision-specific medical food...