EYES
EYES BUY/LONG NOW READY! 6.65 to 9.30 by End 2021TICKER CODE: EYES
Company Name: SECOND SIGHT MEDICAL PRODUCTS, INC
US Stocks Health Technology Medical Specialties
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (6.65)
NEXT BUY ENTRY: (5.15)
1st Partial Take Profit: 9.30 (End 2021)
2nd Partial Take Profit: 18.50 (End 2022)
3rd Partial Take Profit: 27.25 (End 2023)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 4.35
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder)
2. Area of Confluence on EMA & structure level
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level
5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone.
6. Take Profit will be in the same price range as the Flagpole.
Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
$VINO LongI am long $VINO.
Uplisted to nasdaq February 17th 2021.
Float just increased by a maximum 1.5M via equity offering that should be closing within the next week.
Current float now stands at 7.5M shares.
I've personally been watching the (mostly) dry tape over the last few weeks as I've also accumulated a core position...large buyers just keep the spread wide and it moves exactly like you'd expect a low float to trade day to day...that is, sparse volume, large hidden buyers and sellers with icebergs everywhere and wide price movements due to a relative lack of liquidity. Today saw well over 200,000 shares at the ask bought and a consolidation down to some moving averages and above vwap.
Keep in mind that a little less than a month ago over a million shares traded hands within a 1 hour segment prior to the 4PM close and in afterhours. Then an offering for 1.4M shares at an aggregate $3.68
If you don't trade low floats often be careful not to get too carefree.
EYESSecond Sight Medical Products Inc (NASDAQ:EYES) was another winner on Friday (alerted at 5.44) Should breakout hard to upside when it crosses over $6.24 EMA50
Well, would you Pink Patty Me EYESLawdy Lawdy!!!! Today we will see..... Should I have bought some tickets for the ride or waited for some dip with the fellas at the bar?
Hopefull targets in the upcoming weeks/month #EYESSo far I'm trying to find a channel in which #EYES is traveling.
Currently I think that it should start retesting the previous "supports"
We shall see.... 1. Weed/EV 2. Healthcare 3.Technology
+200% opportunity Potential gain: +200%
Reward/Risk: 3-6
Timeframe: less than 100 days
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
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Use your eyes!This company failed to grow in the first quarter because the COVID19 pandemic prevented elective procedures and this has been very consistent. It has already exceeded the past lows. I got in at 0.99 and will ride this to around $3 but I understand this will take time. There might be a second wave or even another lull in the market but Medical seems to be one that continually profits without medical issues like outbreaks of diseases.
This may go to 2.12 in the next month or so.
What do you think?
Buy EyesThis company has bottomed out. It is an elective procedure which is why it's be reduced drastically. The hospitals prevent profitable elective procedures during the crisis and now this will come back to normal levels or close to it. Of course still running at a much more reduced level it won't come back full force but we could see a large swing in the next few weeks.
EYES on watchLarge volume influx before previous earnings. Looking for bounce to $6 over next couple of days once it breaks out above current resistance line