SEELSEEL had an amazing day today, up 11%+! Confluence of 100% extension of AB from C and Supply make $8.50 a great target for this newly formed impulse.
Seel
mid term +7,000%Seelos Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing novel technologies and therapeutics for the treatment of the central nervous system, respiratory, and other disorders.
SEEL (NASDAQ) - Moving in ChannelGreetings
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Strategy
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SEEL (NASDAQ) - Moving in Channel
SEEL - Long Term HoldAfter Bouncing round on it's bottom for a little over 11 years, SEEL broke above the 21 MA, and formed a bullish flag, along with a golden cross.
This has happened before in the past, but I think SEEL was before it's time. The US now has a new administration, and it's pro for a few things. Some most people would know is cannabis, but there's also another emerging market right behind it, the psychedelic market - valued at 6.8B right now.
Bullish Case:
-Oversold
-Underbought
-Higher-Low
-Golden cross on MA's
-Good news
-Support from new administration
-Fundamentals improving (technology)
Bear Case:
-Breaks to the downside to the 200MA (potential to buy the dip)
-Fall further down to the floor of the previous lower-low
-Loose an amount you can afford to loose
NZDUSD falling in love for the weekly?Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the support zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top of the line as well.
15 min: Stochastic is near top but new lows are being created.
5 min: Stochastic is at the top line but new lows being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Be careful!!! This looks like a pump & dump penny stock to meThis one I am adding here just out of curiosity for myself to see how it will develop.
This company looks like it is planning a pump.
FACTS:
they have a long history on the market
this stock was dropping for the last 20 years.
technically it looks like it is on the bottom and there might be some pump in the next months
they made a website just recently, I couldn't find any website prior to April 2019 web.archive.org
In the last months they are producing videos with a green screen which look very unprofessional with fake backgrounds of NYC, some university etc www.youtube.com
I couldn't find any documents about this company prior to the year 2019
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Not a trading advice, also not trying to say that this company is fake, but it looks weird to me
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Expect Some Upside w/ a Truncated 5th Wave for NASDAQ: SEEL!Expect Some Upside w/ a Truncated 5th Wave for NASDAQ: SEEL!