Arcadia Biosciences, Inc. produces and markets plant-based health and wellness products in the United States. It engages in developing crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health and wellness products, and their viability for industrial...
Last Closing Price: $2.62
50-Day Simple Moving Average: $1.10
Volume Weighted Average Price: $2.43
Relative Strength Index: 85.27
20-Day Average Daily Volume: 5,403,900
Shares Outstanding: 22,184,235
Available Borrow: 45,000
Borrow Fee Rate: 40.62%
Just a month ago, Arcadia Biosciences, Inc. ( NASDAQ:RKDA ) was a penny stock in danger of delisting. But...
Arcadia Biosciences Inc (NASDAQ:RKDA) is in accumulation mode trading significantly under cash level with the prospects of a breakout that could come at any time. The 1/1.05 range has proved to be the support and we need a break of 1.10 to send the bulls charging. Big Bounce coming.
Weekly Wedge near bottom line
OBV> OBV40 (see my OBV Scripts)
Entry 2.62
Stop 2
Target 6
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Arcadia Biosciences, Inc., a consumer-driven agricultural technology company, engages in developing various crop productivity traits primarily in hemp, wheat, and soybean.
This stock has analyst buy ratings.
It has never broke the resistance line shown. we are at the lower end of this stock $ with no obvious reason for share price to break below very strong multi year resistance.
Buy at the bottom.
We have a super strong support and unusual volume today. It is an earning play which could help propel the next bull cicle of the stock.
Rsi in line with predictions and afterhours activity seem to indicate a nice buildup for a great day. Trade only above breaks and volume must maintain during the day. Wait for flush at open and ride the wave. It breaks...
This is more of a repost of a previous idea that I happened to have messed up last time, but with more conservative take profit levels than the ballpark slammers I was hoping for before hand. Class B Triple Bullish Divergence on both the MACD and the RSI.
attractive buys but no recommendations based on volatile recent patterns; bullish entries for 3.08, conservative entry 2.77, ultra conservative entry for 2.66
The stock broke out on more than 20 times its average daily volume, but ran out of steam.
Shares pulled back to find buyers where we would expect, here at the high-volume area.
Investors may consider a long entry here with a tight stop, anticipating a re-test and possible break of the previous highs near $6.50.
Arcadia Biosciences Inc (NASDAQ:RKDA) slumped again on Friday closing at major support. I believe now is the time to start trying to catch this "falling knife" with a tight stop loss. Any bounce from here could move to 4.60. Let's see if that happens on Tuesday. The potential growth of the company is very attractive.
Why $RKDA Skyrocketed yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
$RKDA shares were buoyed — thanks to discussions stock trading groups on Twitter and Twitter hashtags, before the market opened.
Hemp/Pot play, Similar to $TLRY move from $3 to $50 has...
Arcadia Biosciences, Inc., a consumer-driven agricultural technology company, engages in developing various crop productivity traits primarily in hemp, wheat, and soybean. The company's crop productivity traits are designed to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health and wellness...
Fundamentally Arcadia has always done well during bear markets, August 2019 it went from a low of 2.07 to a high of 10.18. Previously in February 2019 it fluctuated from 3.76 to 10.34.
Technically we can see a rounding bottom w/ bump turning into a cup with handle (yellow line=handle). after the CUP w/ HANDLE hits it will create an ADAM bottom to accompany the...
