LOGC - more linesNothing special, just an updated view of this chart (Daily).
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5 to 7$ , which make reflect some big money interest in this price area, but who knows what are their intentions.
Trade carefully !
LOGC trade ideas
Logic Biotherapeutics Bullish. LOGCMost likely not for too long, but currently in a recovery of sorts post much lost ground over the last number of weeks.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
LogcThe potential this stock has for amazing upside gains is phenomenal. do not sleep. Price is a little volatile right now but to me, it’s all physiological. On the weekly we are above all of the restistance. All we need is one pump above 10$ and we are on a blue sky breakout. Keep a close eye on this thing. It’s under he radar to most but it’s going to have some insane upside in my opinion. Not finatial advice. 8-17 - 8.25 should be strong strong support if it drops. And 8.40 is resistance box / pattern resistance. This is about to go insane
LOGC Have been long on this stock since 8.50 when we closed a weekly above the 20 monthly EMA at 8.50 I wanted a big piece. Seems to be great news regarding this stock, and this weekly candle was closed above the8.91 $ long term resistance today!! This could be huge , watch for potential 8.90$ retest on Monday, Mabey feel it out and see how it reacts. I have a 19$ target but expect 11.60 old 52week high to potentially be resistance and after that 13.30levl is a targeted sell level as well. Let’s get it !!!
Potential wedge breakoutI have been following this stock for a year and it is currently undervalued. We expect an upwards breakout, but it could move lower looking for 6.85-7$ level. If that happens we have really good long spot. Macd has turned also bullish recently and now price is above resistance.
Descending wedge break out??I have been following that stock for a year and it is in a really low price, a suitable one could be 11-13 where it found resistance before. We could expect a move upwards, although it may move down looking for 6.85-7$ level. If that happens we will open long with a big potential.