GNMK Will be a Long
Hello,
What is GNMK?
GenMark Diagnostics, Inc. is a molecular diagnostics company. The Company is focused on developing and commercializing multiplex molecular tests that aid in the diagnosis of complex medical conditions. It develops and commercializes multiplex molecular tests based on its eSensor electrochemical detection technology.
News
In what can only be described as a rough year for public markets, a select group of stocks has managed to buck the trend. Investors seek to uncover these hidden gems to help their portfolios thrive through turbulent times. Healthcare, and biotechnology in particular, has been a bright spot, outperforming the broader markets.
My Thoughts
Looking at the daily chart I saw what was resistance has now become support. I do expect a retest of support and perhaps a wick hitting the .618fib before moving up towards the target.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
What is GNMK?
GenMark Diagnostics, Inc. is a molecular diagnostics company. The Company is focused on developing and commercializing multiplex molecular tests that aid in the diagnosis of complex medical conditions. It develops and commercializes multiplex molecular tests based on its eSensor electrochemical detection technology.
News
In what can only be described as a rough year for public markets, a select group of stocks has managed to buck the trend. Investors seek to uncover these hidden gems to help their portfolios thrive through turbulent times. Healthcare, and biotechnology in particular, has been a bright spot, outperforming the broader markets.
My Thoughts
Looking at the daily chart I saw what was resistance has now become support. I do expect a retest of support and perhaps a wick hitting the .618fib before moving up towards the target.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
Disclaimer
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