A large symmetrical triangle leading to a huge breakout This is a common feature of symmetrical triangles Bullish while price stays above the lower triangle line
PACB is a real chance for mid and long term investment. Follow the analysis if you want to find out the details. Stock's trend is clearly up. There are still two large up going waves to complete the whole Elliott wave cycle.Wave count labels have been shown on the chart. Correction (wave 4 ) of labeled up going wave 3 ( from 2.2 to 53.69 !) has more than likely...
PACB is continuing to make higher highs and higher lows. 50 MA acting as resistance. A clean break above the 50 will be my entry point. Looking for PACB to make an explosive move as we get closer to the apex of the triangle. PT $35-$38 in 4-5 weeks. Using trendline as stop loss.
battling thru the shorts... why would you short a life changing company like BNGO?... i think in this case it is to accumulate it. either way you can't keep her down. Science always wins.
Called this out at $20.40 when wedge broke up, $PACB is a strong long term holding. Has run up massively this year but probably has more room to go, especially in the long term. A note on the two trendines. I had alerts on both these trendines. Why? It's a messy but clear downward wedge on a high beta, small cap. The 'way' that PACB (and the entire genomics...
waiting for a breakout... any day now...
Wait for $75 to take a little profit... multi-decade growth story... No one was buying AMZN @ $8 or TSLA @ $25.... Seems the crew on board BNGO is a very much like a cult... good luck trying to short or steal shares from these longs... guys look like fort knox. long and strong. $15 soon...
...$FLDM ..w earnings early Feb and as Covid19 plays run today, diagnostics/ genomes all in ONE here w/ FLDM
PACB is on a tear right now with new of an acquisition deal by their competitor Illumina for 1.2 billion dollars. According to Forbes, this is the largest deal Illumina has ever made in more than 20 years. According to other reports the deal won't be finalized till mid-2019 though, so today's price increase seems to a result of that new breaking yesterday after...
PACB Swing Setup 6-16-17. Waiting for 20, 50 & 100 MA's to come back toward the 200 MA and for price to breach the 200. No position currently.
$PACB breakout happened today and has room to upper resistance or $11