Im long BNGO, RSI finding support, MACD cross possibly crossing back over, also i like the doji candle right at the 200 SMA. Some volume could send this thing into a very nice recovery.
So i know we've experienced a lot of bleeding lately but im seeing an RSI divergence. Lower lows in price but on the RSI we have a double bottom followed by a higher low, also near a strong support level. Hoping for a nice recovery good luck!
false break out of all time highs, recent change in management. strong resistance around these levels if it starts to break down could be a pretty strong drop. Over extended on macd, daily atr is about 7$
JPM gapped up over the 115.77$ area then retested as support, it held nicely and is now forming a nice wedge pattern back up to 123.50$ resistance area. If it breaks 125$ and holds above 123.5$ as support it has room to run to 140$. I do not expect the government to allow JPM to fail anytime soon and I believe it will get back to pre-pandemic highs.
