$MASS, growth stock close to breakout908 Devices Inc is in the Medical-Research Eqp/Svc Group. It develops analytical devices for chemical and biomoecular solutions.
The price made a shortfall within the channel that has been forming since January. This shortfall may signal a breakout in the right direction.
I would buy it with a target sell at its next resistance level which is at $29, that's a +20% profit. Play this trade with your own risk/reward strategy. I'm sure I will.
Also just recently, the company tweeted: "Proud to share our #MX908 device was chosen by the U.S. Army to provide chemical identification in their #AugmentedReality training program, ensuring optimal safety when encountering unidentified substances".
Shortfall
LTC/BTC Fibonacci & Tech analysisLTC generally traded between 0.014-0.019 in recent months. The same pattern has developed again! LTC/BTC is always so darn predictable. FYI, In 2017, LTC/BTC had a predictable run between 0.01 to 0.02 BTC. Take a look from Jan 2017 to Now. It is pretty amazingly reliable.
Latest resistance has formed around 0.0186...prior resistance was located at 0.019 after peaking on 12/25/2017.
On Jan 7th, upward shortfall has been detected!!! This hints at an upward movement back up to 0.0185 in the near future.
It is also possible to reach back up to the previous peak of 0.0198 that occurred on 12/25/2017.
Even better scenarios is reaching nearing the 2017 peak of 0.02321, if it breaks past the previous resistance. I foresee this happening in 2018, just a matter of how soon. If what happened in 2017 is an indication of LTC, once it touches 0.02321, it will likely cycle back down 0.0187 or 0.0142. This would then set you up nicely to once again buy low and sell high as you follow the wave back up again!
25% sell at 0.0185 or 0.0198 (if you are expecting a breakthrough the resistance to meet the previous peak reached on 12/25/2017.
I generally recommend holding at least 50% of LTC for long term.
Similar advice of holding at least 50% of BTC/LTC/ETH/XMR/ZEC as these coins are the mainstream cryptocurrency. Dont sell all your goodies in a single trade, save some for cashing in on an even wilder upward breakout!
Thanks for reading. Happy Trading! =)
Bearish shortfall found in channel pattern ready for breakoutStrong bearish channel found with a clear shortfall. This channel is about to burst and a breakout is imminent. Considering the bearish shortfall, a bearish outcome is more probable. Shorting here makes sense. Waiting until breakout is confirmed by a closing candle outside the channel is the prudent thing to do. Stop loss around 59.00. Expect a pullback/throwback after confirmation.