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PLSE

PLSE Earnings Play Long Biotech Pulse Biosciences broke out today from a positive earnings report. Biotechnology stocks often burn cash on a slow growth cycle. This company is making money and so the expected reaction occurred. The volume indicator shows selling pressure in the lead-up to today's earnings. After the report, the reversal to buying pressure occurred nearly immediately. The MACD lines crossed under the histogram and then quickly reached the horizontal zero line serving as a confirmation. I expect a good follow-through next week. This may be a great penny stock to trade or even invest.
NASDAQ:PLSELong
by AwesomeAvani
Cash bleeding company on a bullish trend how far can this run?PLSE has been bleeding cash for a while now but it has attracted investments from two investors providing cash infusion to help it stay afloat on early February. This is when the stock broke out and has been trending up since then. Even though doom and gloom was predicted for PLSE here on Feb 23 2017 stock has moved up by $7 since then. Yesterday I was expecting a pull back to $18 or a $22 to hold and rip. Now some sort of consolidation would be necessary or else this will get shorted aggressively. Originally posted in : blog.buysellshortcover.com
NASDAQ:PLSE
by Saadey