BNGO - Where we going to?
Updated
With the recent publication of Bionano in the book Cytogenomics, we can take a look on the graph.
Link -> twitter.com/RichShippy/status/1426593718228766731
We are in a critical point, but I think this news will be key to resist and pull up.
It will be interesting if we have a higher low on August 16 than on the 13th. If that news isn't transcendent with the price, the natural movement is going to close the flag.
If the news affects the price favorably I think we will go to test the 7$.
Wth the volatility that this stock has, I think that the Pre Market on Monday 16th will be very important as I think that it will move to a higher level.
They could put it at 7$ and during the week make it go down to close the GAP over 6$ and then start to go up.
Yellow Ascendent Line -> Hard Support that if it breaks it would be very dangerous
Red lines -> Possible bullish channels in which the price will be placed
Green lines -> Possible resistances that we will find and will be difficult to break
Good luck!
Link -> twitter.com/RichShippy/status/1426593718228766731
We are in a critical point, but I think this news will be key to resist and pull up.
It will be interesting if we have a higher low on August 16 than on the 13th. If that news isn't transcendent with the price, the natural movement is going to close the flag.
If the news affects the price favorably I think we will go to test the 7$.
Wth the volatility that this stock has, I think that the Pre Market on Monday 16th will be very important as I think that it will move to a higher level.
They could put it at 7$ and during the week make it go down to close the GAP over 6$ and then start to go up.
Yellow Ascendent Line -> Hard Support that if it breaks it would be very dangerous
Red lines -> Possible bullish channels in which the price will be placed
Green lines -> Possible resistances that we will find and will be difficult to break
Good luck!
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