CODX is a company focused on commercializing molecular diagnostics for infectious diseases, including COVOID-19 with their testing kit.With COVOID-19 infections slowly ticking up in the US and more cities are are temporarily shutting down, we might see more demand in these testing kits.
CODX has been flagging in its channel since June 12th and a breakout can have it gap fill for a potential target of $21.53Also since flagging, Stochtastic and MACD has historically crossed and resulted bouncing off trend line support. RSI also has bounced off support for a price bounce.
Also has 15% short interest.
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
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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.