Big absorption on historical low level on this asset with fakeout so very interested in trying an entry here.
Was waiting for it since a while with my plan written using the blue arrows (high level of precision here ^^)
No precise SL and TP but just an idea of managment levels to watch
Great Trade !
This idea is in my mind since a while and I am waiting for the perfect spot here.
I want the price here to breakdown the previous low and be directly absorbe very fast to have my entry spot for a long.
I will keep following it and update it soon, let's see if we can have what we are waiting for.
Great Trade !
XAIR has formed a giant bullish pennant with the price closing just under the. 38 Fibonacci level . Bullish divergence can also be seen as the OBV remained flat (slightly positive) while the price declined during the same period. This could signal accumulation. The 50MA is rising rapidly and cold make a "golden cross" in the short term when it crosses over the...
The Market's longer term uptrend still intact but short term looks precarious. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are...
XAIR is a medical company part of the Information healthcare sector.
Left hand side graph shows a confirmed ascending Triangle on the daily with a possible total gain of 60% and a price target of 20.51$.
Right top graph shows the weekly chart with a confirmed Bull Flag and possible gains of 68% for a price target of 18.10$.
Both daily and weekly charts have...
started a small position now will get to full size on bottom of channel and in a demand zone for a swing. chart looks good, seeing the same thing that i saw with. ACY at 29. maybe same results. risk accordingly. if i get stopped out. i will re enter at a later date. dont bag hold if it doesnt go. cut and try again when you see a setup
Beyond Air has continued a strong uptrend since June. Recently its bin tapering and has shown a symmetrical triangle formation. A Brake out to the upside is likely to continue the uptrend. Watch for a move past the top of the triangle at 11.88 level for conformation and more possible upside. No resistance till 12.50 a high not seen since March 4, 2020
Showing green on the uptick; doubling of this stock is probable in the ST.
These medical stocks are risky but this one may be worth a shot.
Enjoy every sandwich on the way UP. EES ;)
Still in consolodation as the company awaits FDA approval.
Average analysts price target $13 | BUY
Short interest 11%
Company Profile
Beyond Air, Inc. is a clinical-stage medical device and biopharmaceutical company. It engages in the developing a nitric oxide generator and delivery system that uses nitric oxide generated from ambient air and delivers precise...
Not financial advice: XAIR is currently in a symmetrical triangle, could break up or down but given the bullish flag/channel/pennant drawn in red from earlier in the chart, a continuation upward is likely. The current price sits at the bottom of the green triangle and we see a comparable triangle in the RSI that also broke upward from the past red flag in the past. GLTA
I have been following this stock for 2 weeks waiting for my entry point. Bought today at the opening and it took off right after that. This will not take long to trade above $15
