Allied Health Products had a seizure. AHPIGoals 2.41, 2.22.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
AHPI
Short Squeezing a Micro-Cap StockAllied Healthcare Products, Inc. manufactures and markets respiratory products for use in the health care industry in a range of hospitals and alternate site settings worldwide. The company offers respiratory care/anesthesia products, including air compressors, calibration equipment, humidifiers, croup tents, and equipment dryers, as well as respiratory disposable products, such as oxygen tubing products, facemasks, cannulas, and ventilator circuits; and home respiratory care products comprising aluminum oxygen cylinders, oxygen regulators, pneumatic nebulizers, portable suction equipment, and a line of respiratory disposable products. It also provides medical gas equipment, which include construction products consisting of in-wall medical system components, central station pumps and compressors, and headwalls; regulation devices and suction equipment comprising flowmeters, vacuum regulators, and pressure regulators, as well as related adapters, fittings, and hoses that measure, regulate, monitor, and transfer medical gases from walled piping or equipment to patients; and disposable oxygen cylinders to provide oxygen for short periods. In addition, the company offers emergency medical products that include respiratory/resuscitation products, such as demand resuscitation valves, portable resuscitation systems, bag masks and related products, emergency transport ventilators, precision oxygen regulators, minilators, multilators, and humidifiers; and trauma and patient handling products that include spine immobilization products, pneumatic anti-shock garments, and trauma burn kits. It serves hospitals, hospital equipment dealers, hospital construction contractors, home health care dealers, emergency medical products dealers, and others. The company was incorporated in 1979 and is headquartered in St. Louis, Missouri.
Not Financial Advice - Just perfecting a process... At the time of this posting, I don't own any positions!
Idea:
Price Target: $8.39 - $10.09 dollars
- Bullish
Pros:
MACD crossed - charts
Increasing volume - charts
Institutional Ownership - fintel. io
Borrowing Rate to short is increasing - fintel.io
Cons:
Hmnnnn....
Not Financial Advice - Just perfecting a process... Do you own due diligence before investing!
Quick Trade ON AHPIHello Traders,
As you can see in the chart AHPI is looking good for a short trade toward the support zone.
You can enter now with SL and targets in the chart.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
The confirmation after breakout resistance The confirmation after breakout resistance to reach target
AHPI In the SkyAHPI continues testing this 382 fib level and with more delta variant to go around, related stocks are gaining some nice sympathy momentum. But is it enough to get it up and over the "hump" so to speak. This same 382 level was a higher traffic area of support last July and August with upper resistance being around the 236 fib level. Something interesting to look at is the 50 fib level that was an intermediary level of resistance earlier this year. Will that ultimately present the next "real support" or can AHPI establish itself above 382 with it acting as the "new support" area? A lot of this might have to do with covid cases, market momo, and the company avoiding dilutive events. But something to keep a close eye on is the daily volume. It's much lower on August 2nd compared to the last day of July, though it is still relatively higher compared to the last month or so of trading so the verdict is still up in the air as far as that's concerned.
"I n a similar fashion to MTSL, Allied Healthcare Products (AHPI Stock Report) shares have experienced their own bout of trading volatility over the past week. While we’re seeing a stock market crash on Monday, AHPI shares climbed over 40% during the session. This is another instance where there are no headlines to point at, but momentum is kicking things into high gear...With an uptick in virus cases, some companies are gaining steam. Allied Healthcare manufactures a number of products geared toward addressing respiratory issues. Given the rise in coronavirus cases, companies dealing with respiratory issues may have garnered some sympathy sentiment in the stock market today. "
Quote Source: This Is Why Stocks Are Down Today
AHPIAllied Healthcare Products Inc (NASDAQ:AHPI) was one of the biggest winners on Friday as the stock closed up $2.31 on the day with huge volumes. Looking at the technical daily chart the near-term outlook is very positive, with the next pivot point at 10.25.
AHPI - Drop is inevitable!-Has a high short interest ratio which drives the price up
-But, has less than 1 year of cash runway
-Highly volatile share price over past 3 months
-Does not have a meaningful marketcap (24M)
We wish a good-luck for the ones who are buying this thing but this is not a stock to invest in, this is a stock to gamble with.
AHPI Technical Analysis 🧙Allied Healthcare Products Inc is a US-based company. It mainly manufactures a variety of respiratory products used in the healthcare industry in a wide range of hospital and alternate site settings, including sub-acute care facilities, home health care, and emergency medical care. The product line of the company includes respiratory anesthesia products, home respiratory care products, medical gas system construction products, medical gas system regulation devices, disposable oxygen, and specialty gas cylinders, portable suction equipment, trauma, and patient handling products, respiratory products, and others. The company markets its products under various brand names Timeter, Carbolime, Litholyme, Schuco, Chemetron, Oxequip, Lif-O-Gen, Gomco, and others.
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AHPI Technical Analysis.If you understand the idea,🎯 press a thumb up! 👍👍👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
Trade Journal: Long $AHPI - Quiet and Tight Setup - 4/8/2020AHPI has been a hot stock recently due to it's benefit from the COVID-19 pandemic. AHPI produces ventilators which is obviously in high demand right now. Late Feburary, AHPI broke out but could not upkeep this powerful up move and instead consolidated sideways since then. This is very common for low float stocks such as AHPI.
What impresses me the most during this consolidation is how volume is literally drying up. Today we had a small range day with the lowest amount of daily volume during this consolidation. What follows the low volume day is usually a high volume up day as investors are caught off guard by the sudden price change and start chase the stock up. This is called a Quiet and Tight setup. An example of this setup can be seen on March 18th as a very small range/low volume day was followed by two high volume up days where AHPI went from 14 to a high of 28.
Since I consider low float stocks risky, I am using 1/3rd size on this trade. The R:R on this trade is very favorable (10.5) therefore I feel comfortable risking less on this trade in case we get a large gap down.
Entry - 16.99
Stop loss - 15.95
Target - 28 to 38
