Couldn't break new highs on news about Coca-Cola Deal. Could see a pull back to 110 in next few days. Wouldn't buy this pop as it stands, but great news for long-term growth opportunity.
More upside than downside at this valuation. Could see 200%+ gains in months to come if Baxano can turn outlook around.
It's all about revenue multiples for 3D growth stocks (<1.5 P/R sends a buy signal). I also like this entry here with trend line support and 50/100 moving average convergence/divergence.
Recent share dilution will continue to bleed price action. Look for 200 ma at around $1.50 pps which is also .618 retracement.
All three P/R P/B and P/E look historically attractive from 4/30/2013 earnings levels. The technical divergence in RSI and Fibonacci support look solid. I threw in a pitchfork as it seems to confirm support. Earnings just passed which can let speculative/technical trading resume.
Some free fall action, how this got up so high in the first place... who knows.
When weekly is out of the Keltner Channel and the Chaikin Oscillator tops out, expect a move back down to the weekly 20 EMA.
Vertical stocks are my favorite to short. Looks like momentum is coming to an end for this one. Just take a look at the RSI hovering over 80 for so long and the MACD making its decent.
Week Market could make this gap fill have a higher probability for sooner than later. Notes on chart.
Let's see if .618 pitchfork becomes support again.
I would love some in ~180. Overall Market might make this possible.
MACD is about to make a third bullish crossover higher than the last two. Earnings is right around the corner which may or may not play any role in price action. I will wait for now.
I see the first short term W (orange) making a final entrancement to .764 of its range. If the current W (purple) retraces again to .764 of its range then it will also be about .618 retracement of the total drop range along with a approx trend line resistance. Target in the 88 range. ---> target hit
If you been watching this on a short term scale you could easily argue it was still a buy. But the daily MACD should of been a warning as it never crossed over during the last month and the latest news of yet another offering is a death kiss. I think we are going to slice through the 50 day and meet up with the 100 day soon around .618 retracement of the 4 to 5...
I see the first short term W (orange) making a final entrancement to .764 of its range. If the current W (purple) retraces again to .764 of its range then it will also be about .618 retracement of the total drop range along with a approx trend line resistance. Target in the 88 range.
Time to short this one again, perfect double hit on the pitchfork with a nice decline in strength. This is a hydro-fracking equipment supplier that is aggressively valued given the industry's positive outlook (check out the historical p/e analysis in my related idea below). Warning... 12 days till earnings if you don't want to play this through earnings.