BNGO - my opinion
Updated
Hey:) Many have asked me about an entry. But I cannot make the decision to buy for you. Either you believe in the company or you don't :slight_smile: Always ask yourself one thing: If you were ready to buy in the hype of the stock (at 10 for example), why not buy at low prices? It's not about the perfect entry. It's about a long position that you will hold for several years. 2022 Q4 is key !!!
I don't do my technical analysis to trade bngo. Anyone who actively trade with such a stock can also look for something better. That is unprofessional and far too dangerous. You can trade better in other areas. What I mean by that: the perfect entry does not play the decisive role here. This is more relevant in active trading, where technical analysis is the key.
In my opinion, the 4-5 is our bounce zone. I've always preached that. A gap fill at 3.12 is possible, but I don't see it coming. Because: the fundamentals are promising and the current price is absolutely okay!
Have a nice day and invest wisely;) You should enter when the fear is strongest. That is my opinion and should only serve as a guide. PEACE OUT!
I don't do my technical analysis to trade bngo. Anyone who actively trade with such a stock can also look for something better. That is unprofessional and far too dangerous. You can trade better in other areas. What I mean by that: the perfect entry does not play the decisive role here. This is more relevant in active trading, where technical analysis is the key.
In my opinion, the 4-5 is our bounce zone. I've always preached that. A gap fill at 3.12 is possible, but I don't see it coming. Because: the fundamentals are promising and the current price is absolutely okay!
Have a nice day and invest wisely;) You should enter when the fear is strongest. That is my opinion and should only serve as a guide. PEACE OUT!
Note
6 USD = Trend reversal. Everything under 6 USD is bearish territory. Have a nice day!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.