ZOM I think the target will be 3.3$ZOM is uptrend above MOV50
RSI > 40
MACD will cross
CMF > 0
I think the target will be 3.3
ZOM trade ideas
$ZOM Bullish Pennant$ZOM is formatting a bullish pennant.
Technical:
- Price Per Share(PPS) is above SMA 50
- Descending Volume
- MACD's showing a reversal & about to cross.
- HIGH RR
Good luck! Not a financial advice. Shared for educational purposes only!
beautiful chart, thank you to whoever suggested i chart it:)every time this finishes consolidating it has a bigger breakout than the previous time it had a big rally. example: first rally +0.25Cents, second rally 1 dollar, third rally 2 dollars, next rally is around the corner if trendline support holds... and like i said history suggests this one will be bigger. long 2 stop loss 1.6 price target 5-6+! great risk reward
ZOM Breakout Stock AlertBREAKOUT STOCK ALERT
$ZOM - Zomedica Corp. Common Shares
Initial Alert Price: $2.12
Potential Price: $2.35
Potential Gains: 10.85
Stop Loss Limit: $
As most of you may know, we've been monitoring ZOM over our Pre-Market and Saturday Coffee & Stocks Sessions, and we've been waiting for confirmation that the stock can break back above the $2.12 Price Levels. We will be placing a position on the trade at the $2.12 Entry Level and looking for a minimum 10% Swing while the stock shows momentum of potential finding support above those $2.12 Current Levels of Resistance. We will be looking to retest the $2.35 next to achieve that minimum $2.35 Levels of resistance next and then potentially moving higher back to those $2.91 Levels of Resistance for a potential 40% Swing on the Trade overall as long as the trade meets our expectations. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
Play for tomorrow! ZOMEDICA FEBRUARY 25Pre-market - Unknown it'll be depends on GME and AMC play
but our play for tomorrow will be around here:
2.28 resistance
1.86 support
ZOM: Should we panic-sell this now?Hello traders and investors! Let’s talk about ZOM today, and do our usual Multi Time Frame Analysis (MTFA)!
First, let’s start with the 1h chart. ZOM did a classic Double Top chart pattern at $ 2.91 (black line), and now it is dropping to its support levels. The first support lost, after some fight, was the 21 ema. Then the green line at $ 2.34, and now it is trying to lose the blue line at $ 2.13 as well. Since it is a short-term bear trend, ZOM will keep seeking for lower supports, until one works and holds the price.
What’s more, according to the Principle or Polarity , when a support is lost, it is supposed to work as a resistance next, and vice-versa. The green line and the 21 ema could make a strong resistance zone for ZOM in the short-term. Also, keep in mind that ZOM lost the green line by doing a Gap , which is also going to work as a resistance.
The fight is not going to be easy for ZOM, but let’s see if the daily chart has something else to tell us:
In the mid-term, the trend is clearly bullish, and in a bull trend, pullbacks are expected and seen as opportunities to buy.
We have a strong support area between the 21 ema, the black line at $ 1.48 (previous top) and the Gap (yellow rectangle), and ZOM could retest again this area and the trend would still be bullish.
What is interesting is the volume , as it increases during upside movements, and decreases when the stock drops or enters in a congestion, meaning that the buy force is stronger than the sell force at this moment.
And if you liked this analysis, remember to follow me to keep in touch with my daily updates. And support this idea if it helped you! Let's wait for more confirmation on the charts, before jumping into any conclusion regarding ZOM.
Thank you very much,
$ZOM Chart patterns. Potential breakoutThis is my prediction of the next uptrend towards Truforma's launch date. The first device from Zomedica.
$ZOM is currently in an aggressive upward trend and is likely to continue in this trend. Why? Because you can see in the chart above that $ZOM is currently in its next consolidation just like it was in January.
During the making of this post the price has fallen below the resistance. This was also the case in January, but it was immediately corrected the next day (false outbreak).
Also the RSI also reveals the new uptrends.
Ultimately, I think the idea is that $ZOM will go to $8 and stay there in the next consolidation until they make revenue for the first time.
I know that a stock price of $8 entails a huge market cap. But because of the hype of Truforma investors first condone that.
I would like to hear feedback from you guys and what you think will happen to the stock in the near future!
ZOM's THIRD test of 2.85 I'm expecting a break upward Assuming no ladder attacks by the majority hedgers in the premarket, I think ZOM breaks up today
ZOM: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross in blue
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
200MA ascending
250RSI below 50
If confirmed:
PT = 4.37$
ZOM ZOM looks to be in the beginning of an Elliot wave, great opportunity here with a recent catalyst.
ZOM worth a hold?Still need to do some more research. This was a penny stock one of my buddies got into a while ago and is now shooting up. Financials seem to be slowly improving. I'll be honest, I don't know much about it. I do see this hitting $3 though.
What do you think?
Like, Follow, Agree, Disagree!
ZOM - For the next few days, the price will make an accumulation channel between 2.05 and 2.50.
If it breaks the lower limit of the channel, then it will go to the monthly support of 1.83.
For short term transactions you can enter buy (only buy, not sell !!) at the lower limit of the channel. If it breaks the lower limit of the channel, then it will go to the monthly support of 1.83. But don't close the position!
For long term it is ideal to enter at 1.83 for a rise of 65% to 3.00 where it will make a small pullback and then break the monthly resistance of 3.00 to a value of 4.50 - 5.00
AMEX:ZOM
$ZOM Increases Bought Deal Offering of Common Shares to $173.5 MZomedica Corp. Increases Previously Announced Bought Deal Offering of Common Shares to $173.5 Million.
today announced that, due to demand, the underwriter has agreed to increase the size of the previously announced public offering and purchase on a firm commitment basis 91,315,790 common shares of Zomedica, at a price to the public of $1.90 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about February 11, 2021, subject to satisfaction of customary closing conditions.
finance.yahoo.com
buy ZOM now Buy it because it just bounced a key level of the stock price. I know this graph is SUPER simple, but that is just why I keep on analyzing SIMPLE graphs. Which means the more simple the graph is, more people people understand it.
The more people understanding the graph, more buyers. The more the buyers, more mulah.
Also, our price target for the end of the week is 3.1 dollars
Buy now. btw i am 14
ZOM - pull back and buythe price will pull back to 1.90 then 1.50 (50% fibo retracement), the trend is upward, it does not change!
watch the withdrawal and then you can buy
ZOM Next Price Target $3.5?The trend is strong with this one, but so is the hype. Even rocket ships need to refuel. A slight, healthy correction may be due. OR maybe not.
