HJLI Technical Analysis 🧙Hancock Jaffe Laboratories Inc is a medical device company. It develops and sells biological tissue solutions to treat patients with coronary, vascular, end-stage renal and peripheral arterial diseases in the United States and Europe. The company develops and manufactures implantable cardiovascular bioprosthetic devices. Its key products include Bioprosthetic Heart Valve, CoreoGraft- Bypass Graft, and the Venous Valve.
HJLI
HJLI Potential set upHeart Surgery Innovators HJLI are seeing their In-human testing with their CoreoGraft product go well.
Basically they have a new product doc's can use for heart surgery.
More so it looks like a bottom has been found at $8 and sentiment is turning positive.
Currently range bound and has been testing the 200EMA a few times.
Good low risk set up with a Stop Loss below $8
Good luck.
HANCOCK JAFFE LABORATORIES INC- Exceptional green volume after a downtrend. with break of the line which served as resistance several weeks ago.
- There is a good probability that this is the start of an uptrend. around (1.5).
- Without forgetting the small gap around 0.30. who can come back and fill it. but as long as it is above the line.
we are bullish
HJLI: 373 block trades in one hour!! low float. That's a lot of block trades. Who's buying all this? They're not even slow-mo accumulating; it looks like insiders are panic buying. Float is 18M
