Co Diagnostics Inc Abnormal volume & undervalued
1 Year Price Target: $23.00 for a 180+/-% return
About: Co-Diagnostics, Inc., a molecular diagnostics company, intends to manufacture and sell reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules. It also intends to sell diagnostic equipment from other manufacturers as self-contained lab systems. The company was founded in 2013 and is headquartered in Salt Lake City, Utah.
Codiagnostics
CODX Co Diagnostics SellOff. Buy oportunity?If you missed the 2x from my previews call:
Then you should know that the stock was hit by a big selloff, even though they beat the consensus analyst revenue estimate in Q4 with sales being higher 24% year over year to $27.1 million.
This might be your 50% upside potential chance.
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
CODX retracement! Buying opportunity?!Co-Diagnostics Wins Regulatory Approval to Sell COVID-19 Tests in Europe!
Nov 17MT Newswires: Co-Diagnostics (CODX) said it has received regulatory authorization to sell its Logix Smart ABC and SARS-CoV-2 multiplex tests for the diagnosis of COVID-19 in markets that accept CE markings.
The indicators are looking bullish on lower timeframes, which can mean a trend reversal, but still bearish on higher ones (we don`t have a confirmation of a breakout)!
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Coronavirus Chart Mapped With Support & Resistance LevelsHere we have the CO DIAGNOSTICS INC - Cboe BZX (CODX) chart, which is the stocks now tracking the coronavirus... This thing is showing massive growth.
We can start by looking at the weekly timeframe... This is a complex setup for me, TA here is hard.
CODX (W):
When the chart is looking like the one above, it is hard for me to pinpoint what will happen next... Prices can easily continue to grow, just as they can start to drop when the day closes.
And for this reason, we mapped the full chart.
Here we have targets (magenta), support (blue) and trendlines (orange and blue).
Feel free to share your thoughts about the Coronavirus, and this chart, in the comments section below.
Thanks a lot for reading.
Namaste.
(Nasdaq: CODX) Bullish signal - GOLDEN CROSSThis could be the next NASDAQ Biotech ready to move in a big way, here's why...
(Nasdaq: CODX) displaying the Holy grail of Bullish signals - a GOLDEN CROSS.
The 50 Day EMA just crossed the 200 Day EMA, which most of you know by now is a bullish signal that indicates a potential breakout is on the Horizon.
Here Is Another Potential "Breakout Catalyst" In Play
Wall Street Analysts at H.C. Wainwright & Maxim Group have both given Co-Diagnostics (Nasdaq: CODX) Buy rating with a $2.00 Price Target, almost double its price at Fridays close, suggesting the stock has a potential upside of +80%.