MMED ready for a trip higherThe flat volume should be increasing any day, for better or worse. I'm thinking for better. It has built strong support on the 100 day, & RSI is trending up while price is riding an upward trend line. It looks decent, and now is a good time for a lot of stocks to break out of their slumps.
I'm noticing numerous stocks at a tipping point so I think Monday or Tuesday should bring large movements to confirm bullish or bearish breakouts in the market.
Medical
INVO Potential Day TradeINVO potential day trade. I may enter above the 5.85 for a price target of 7.45 on a bounce up from support. It appears that volume is concentrated at two primary levels, this trade attempts to profit on that spread.
(Just an idea, not advice)
EARS Long Swing-Trade IdeaThe rising reverse wedge pattern highlights common lower support and higher resistance trend.
A pattern has emerged where the price appears to spike on/around the 9th and 21st of the month and the price seems to rise up to the next level of the fibonacci retracement (Support/Resistance).
I would consider taking a long position at the $3.50 level for a potential move up to $6.00 by 22/Mar/2021.
The fibonacci retracement levels are derived from a previous high volume price spike event that occurred on 1/Dec/2020 wherein the highest concentration of volume occurred at the $5.14 - 5.61 price range.
It is probable that a high number of investors are locked in within that price range and may induce more sellers at these levels, thus there will be significant resistance to pass through that price range on the next spike. $6.00 is possible, but $5.50 may be a more realistic price target due to resistance.
I currently have no position in EARS, so this is just my unbiased opinion based on previous stock performance.
APHA Day Trade IdeaAPHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel.
It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level.
If APHA crosses above 17.81, the Point of control (POC) where volume is most concentrated is at 18.75.
Crossing this level is less probable but not impossible, as APHA has been known to out perform both in market hours and after hours.
I currently have no position in APHA, so this is just my unbiased opinion.
ZOMZomedica looks like it will be a winner once its veterinarian office lab testing product launches on March 30 . ZOM stock is already up 850% so far this year. In fact, it peaked at $2.70 in early February in anticipation of this product launch.Moreover, the company has very smart about taking advantage of its huge price spike. On Feb. 8, it raised another $185.4 million. In fact, as of Feb. 26, Zomedica had an astounding $277.5 million in cash on its balance sheet, based on an 8-K filing
In search for the next NAKD Naked Brand? Volume play!Can you see some volume patterns?
This was my first NAKD Naked Brand post:
GBT Researching AI based, Robotics Technology for the Medical Field
GBT Researching a Development of a Radio Based Computer Vision System For Cardiovascular Applications
GBT Tokenize Corp Evaluating qTerm Applications for Hotel Industry
GBT Developing a Long-Range Radio System Targeting Global Communication for Remote Telemedicine (globenewswire.com)
AI Eye Podcast: GBT Technologies' CTO Discusses the Significance of FDA Approval for the qTerm Human Vital Signs Device. (newsfilecorp.com)
Fell free to Join my Patreon group in the description of this idea!
ONEM over 44.50Nice consolidation here, candle shadows seem to show sell pressure, which should lead to a bigger breakout.
867 China Medical Systems Breakout / Long IdeaHello Tradingviewians,
CMS has been in a long consolidation to digest lowering growth rates. Additionally it has been under fire by short sellers, alleging CMS of faking revenue numbers.
Should the numbers be genuine, and factors like consistent insider buying suggest it, CMS represents serious value at this point.
Technically, a two year downtrend collides with the support line of the superordinate uptrend. Should ladder win, a short squeeze may follow to previous interim highs. After a phase of returning confidence, all time highs could be reached again.
This is my first published technically supported investment idea.
Let me know what you think.
Thanks!
BR
Careplussupport level at 3.20
Resistance 1 : 3.50
Resistance 2 : 3.85
medical gloves are on demand globally so investing in careplus till 2021 shouldn’t be an issue. *Profitable company *
If you bought at the higher price my suggestion is use this formula call (buy on deep)
Buy On deep at 3.25
It’s helps you to lower your total unit price (Lower price vs more units in hand )
Careplus projection to 4rm in 2weeks time
( TRADE WHATS THE WORLD NEEDS)
ACHV Achieve Life Sciences 10X potential! Highest undervalued!On 8/7/2020 Brokerage LADENBURG THALM/SH SH Reiterated ACHV Rating to BUY and set the target price to $100.00, now the cost of one share is 9.84usd. You can find the asset on trading212, the most downloaded trading app in the U.K.
With a market cap of $15.45 million and a worldwide working product, it`s hard to say ACHV can go lower than that. The only concern is how much upside potential does it have.
On July 31 ACHIEVE ANNOUNCES PATENT GRANTED IN THE U.S. FOR NOVEL ANALOGS OF CYTISINICLINE FOR USE IN CNS AND ADDICTION INDICATIONS.
Also Short Interest in Achieve Life Sciences Inc Drops By 81.1%.
Achieve Life Sciences issued its quarterly earnings results on Aug 4th. The biopharmaceutical company reported ($1.68) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($3.80) by $2.12, Fidelity Earnings reports.
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.
RVP Aroon Indicator entered an Uptrend on July 28, 2020Over the last three days, I have detected that RVP's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 193 similar cases, 184 of which were successful. Based on this data, the odds of success are 90%.
Zynex medical technology Zynex, Inc., a medical technology company, designs, manufactures, and markets electrotherapy medical devices used for pain management and rehabilitation.
BIOL WWLooking for .48c entry
Tight stop below .45c support @ .44c
looking for PT1 .61c
RR 3.25
Risking 8.33%
for
Gains of 27.08%
PT2 .75c
Risking 8.33%
RR 6.75
Gains of 56.25%
PT3
Risking 8.33%
RR 8.5
Gains of 70.83%