ZOM dumping againRejected.
There next earnings report is August 7th.
It could not get above the 0.16 mark.
ZOM trade ideas
ZomedicaZom has to make a base here at .16 or else the stock will go to all time lows.
The stocks Low before pumping was .07 cents.
The company seems to be doing well at Trade shows and has $140 million in cash reserves, but this is not reflected.
Earnings have been increasing.
$ZOM Potent investment opportunityObserving the trading chart for this particular equity, it's evident that the security has been encapsulated in a range-bound, or "rectangular," pattern since 2018, with the central pivot point firmly established in the $0.20 vicinity. This technical analysis, combined with strategic stock purchases by the CEO and other insiders, signals a strong vote of confidence in the company's prospects.
When we scrutinize the fundamentals, the recent earnings report paints an encouraging picture: a robust 43% surge in revenue, bringing it to $6.0 million, bolstered by an impressive gross margin of 67%. Additionally, the company's liquidity position remains strong, with $142.4 million on hand, providing ample financial flexibility.
Given this confluence of positive signals, both from a technical and fundamental perspective, there's a compelling case to be made for this stock as a potent investment opportunity at this junction.
ZOM LongPrice has been consolidating in the .24-.25 range since May which is also in very close proximity to the POC (12 Month) suggesting this could be a low risk entry point as the most shares traded in 12 months has been at .2424 cents.
The Force Index is curling up, the D+ crossed the D- on the ADX and the MACD just crossed.
These indicators in addition to the most recent candle taking out the 1 Fibonacci level give a very bullish forecast.
targeting: .3036, .3655
ZOM upside potentialZomedica Corp. (ZOM) was one of the top meme stocks of 2021.
i think a bounce to 0.51 and 0.90 resistance levels is still possible.
Looking forward to read your opinion about it.
Zomedica(an interesting play)As a risky play it also offers huge potential, fundamentals are showing progress towards the positive side and the latest acquisition of PulseVet will allow the company to become an strong player in the market. (Golden Cross, MACD, Divergence)
Zom slowly waking upNot a Financial advisor.
Zom appears to have found a potential bottom - awaiting this week to close (market rebounding - should look to be green)
This is a satisfying entry level for me personally to go long. Lower time frames a bit more bullish than the weekly. Should translate to the higher times.
Looking for this to regain control to the .50s in Feb - dependent on the market. But we should definitely see a bit of relief here, still early - which is the risk I'm willing to take.
Won't be paying much attention here yet - needs more time.
Zomedica OutlookBullish divergence on the daily as of time of posting, however, macro bearish!
Target is support, and RSI needs to get oversold on the Weekly.
Once support is tested, ZOM can run again, or it can just reverse-split LOL.
ZOM: 2 scenarioshi there,
we have two scenarios to buy ZOM ... so be patient and wait for one ...
> Good luck
Zom51-50cents support target 78 cents if we can break down trending resiatnce. Idk how strong it is. If it’ll just rip to target reject and crash obviously trade is safe break of 58cents is a breakout
ZOM in critical patternZOM is showing the potential for a true uptrend. Cloud lines squeezing and green crossing red. RSI is too hot which concerns me for another fall back to 0.52 range, there needs to be some slight consolidation and we should get back into the 0.82 range with potential move above 1.3 before earning report.
zom wants to move higherIf this breaks and holds above the clouds we see real move back to $3 range. I think we need another week to really move but if shorts start to cover watch out.
ZOM ascended triangle ZOM ascended triangle breakout! Looks like it has plenty of momentum on the daily for upward expansion up to the dollar range.
ZOM Interesting Inverse Head & Shoulder breakoutZOM Interesting Inverse Head & Shoulder breakout. Ascending Triangle when switched to regular from log.
ZOM - Possible TradeHello Traders,
As you can see ZOM is a support zone, we will enter now with the green lines as targets.
Our SL will be the red line as in the chart.
Happy Trade.
ZOM ready Area of value here. Good spot to consider entering a long position.
Trade safe have fun! SMASH That like button!
ZOM BULL FLAG! Get Ready, Bag holders 39% short interestPeep the double bottom with a wicked bull flag Sheeeeeeeeeesh! I wait till it's obvious like in this chart and then BAM pull the trigger. Diamond hands, conservative price target is $1.20 and could get back to previous ATH. Don't be shy let the noobies know how you feel down below.
ZOM: Deep Correction ZOM I'm still bullish on for now. Looks like we will make a new corrective low. Price action over the next few weeks should show us the directional bias for long term soon!
