Impulse down with correlating indicators. 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. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than...
premarket is below the 3.68$ level, if we opened the market below it , we going to test our support above the 2.60$+, if we opened above 3.68+, we make it our support and we going to see a test for the 6$+, and the 9$+. NASDAQ:APDN
Applied DNA Sciences Inc (NASDAQ:APDN) is one for the bottom pickers. The stock appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in the short-term and I expect a move past 6.50 to take the stock towards the target of 8 with a stop-loss at 4.95. The stock seems to be undervalued at current levels IMO
Applied DNA Sciences, Inc. develops and markets DNA-based technology solutions for use in the nucleic acid-based in vitro diagnostics and preclinical nucleic-acid-based drug development and manufacturing markets; and for supply chain security, anti-counterfeiting, and anti-theft technology purposes applications in the United States, Europe, and Asia.
APDN was recently given an RS (relative price strength) rating of 93 out of 99. I have also noticed some insider buying as late as June. This company makes testing kits for COVID-19.
Bitcoin is firmly caught within the throes of an immense uptrend. This was clearly seen yesterday when the cryptocurrency rallied up to highs of $10,000 before facing a slight rejection that led it lower. This was a massive $1,000 movement that marked a significant extension of the momentum that was first incurred when the crypto rebounded from its capitulatory...
This company is ripe to spike. With a float like this, it may fly much higher then my first target. Good luck!
Simple APDN has an ugly chart with some news that chatrooms are going to talk about like this will negate the chart. Shorting any meaningful pop is the best play be mindful you only need 1000 shares to get a decent return so base your risk on scaling in on that factor so you don't get too big too early and can ride this up into the roll over. Let the chatrooms...
Bear Market Forced into lowest value channel. Will need to see where this bottoms out. Lots of support above 2.50.
Higher Lows, Staying above the New Lower Value Channel is key. Elliot wave formed here, 4th leg down, then Next leg up should match the height of the first leg up. Ideal will be a close above 3.41 Today. Bounce play tomorrow, for a few %, then Some sort of good news/PR end of week of xmas week and we get another slow ride up into the "Old Higher Value Channel".
Stock taking off as expected. Passed my 4$ call by .25 then retreated to 3.90 at time of writing. Whats next? 3.89 is acting as support on low volume. EOD could bring a new HOD up to 4.30's, or retrace back to LOD 3.70. Tomorrow will either continue the run into the Lower Bull Channel, OR, rest for a day or so, then run again on potential news at the end of the...
Uptrend resisting the final down trend pressure. Positive ER this PM should push us clear past that and back solid into the "Upper Value Channel".
Here we see the channels- This last run stopped at the last downtrend resistance. After a potential Monday/Tuesday breakout, the bull channels are on deck.
Monday ER could push this significantly higher. APDNW Warrants are still cheap too-
Checking in, keeping above the Lower Value Channel, very good sign. Added that stubborn 3.50 resistance line in the Value channel. Breaking above it a solid buy signal.
Downward pressure subsiding, next impetus should be arriving shortly.