NNOX- Backtest and go upNNOX- Backtest and go up
-Demand zone support.
-Key level support.
-Less supply volumes at the bottom.
-Two or three small doji, spinning candles rejected at the bottom.
NNOX trade ideas
NNOX: back for more upNNOX: back for more up
-Demand zone support as pivot.
-Key level support.
-Less volume confirm less supply at the bottom when backtest.
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US STOCKS- WALL STREET DREAM
NNOX MedTech Company LONG on NewsNNOX is shown on the 15 minute chart along with word clips of the idea including entry and
exit parameters. NNOX is gaining growth from AI integration. What a surprise 😲
NNOX Bull Run on FDA Clearance ( Med Tech)NNOX on the 15 minute chart is on a 100% move due to FDA clearance of its new 3D technology for Xrays. This will revolutionize Xrays for the
medical field like MRIs did when they come out compared with CT Scan. This is an Israeli company whose technology will be inexpensive and will
potentially be adapted globally. The market is measured in multiple billions $$$. The chart is self evident. Notable, is the volume spike
corresponding to the price action.
I will buy a large quantity of call options DTE about 90-120 and scale out gradually and unrealized profits are shown.
NVIDIA Is High However It's Other Investments are on Sale NNOXThe Market experienced majority sell offs during the regular trading hours on Monday Following Friday's Previous rally. While NVIDIA may still be too high to buy the dip (we wanna look for under 800-750) It's other investment interests such as SOUN ARM and most Notably NNOX are fair game and their current prices.
When there is blood in the streets it's time to eat (IYKYK)
CPI coming up anything short of terrible could likely send the stocks back up catching the lows of Monday was essential as CPI is coming up before market open on Tuesday.
If you missed the train don't miss out on NNOX medical imaging as the company are having earnings on Tuesday. There is a very good chance as well if there is a positive correlation between the two data points (CPI and Earnings) this could spark the catalyst for a rally within NNOX and other NVDA related Tickers.
Key Points of Support and Resistance
We wanna Look for Resistance around 11.24-11.38 on NNOX as this was our high from last week.
We also want to watch support if the data goes south at around 8.20-8.05 as these were are lowest lows from February.
NNOX Position Entered at 10.88 target profit 13.18As mentioned in the latest NNOX update we identified the likely best buy zone at around 10.88-10.98 it hit this roughly around 6:50am PST looking to hold this position and add to it the price breaks to the target buy price again. Plan to hold till at least Wednesday of next week.
Unlocking Trading Opportunities: Harnessing Volatility in $NNOXBuy @ 10.98 Sell @ 11.89+
Introduction:
In the fast-paced world of trading, capitalizing on price volatility is key to maximizing returns. One stock that has recently caught the attention of traders is NNOX, with its shares experiencing significant price swings. By understanding recent price movements and technical signals, traders can seize lucrative opportunities in NNOX shares.
Analyzing Recent Price Data:
In the latest trading session, NNOX shares reached a high of $12, highlighting the volatility inherent in the stock. However, savvy traders know that volatility can be a friend, presenting opportunities to enter positions at attractive price levels. At $10.98, NNOX shares present an enticing buy opportunity for traders looking to capitalize on price fluctuations.
Identifying a Technical Signal:
A compelling technical signal has emerged at the $10.98 price level: the formation of a double bottom pattern. This pattern occurs when the price hits a certain level, bounces back up, then returns to that level again before continuing its upward trajectory. For traders, this pattern is typically interpreted as a bullish sign, suggesting potential upward momentum in the stock's price.
Seizing the Opportunity:
For traders adept at navigating volatile markets, the current price action in NNOX presents an opportunity to capitalize on short-term price movements. By entering a position at $10.98, traders can position themselves for potential gains as the stock's price continues its upward momentum, fueled by the bullish signal identified through technical analysis.
Conclusion:
In the world of trading, volatility is synonymous with opportunity. With NNOX shares exhibiting significant price swings and a bullish technical signal emerging at $10.98, traders have a chance to capitalize on short-term price movements and potentially reap substantial returns. By staying vigilant and leveraging technical analysis, traders can unlock the full potential of NNOX shares in today's dynamic market environment.
NNOX To The Moon!!I have been in NNOX Calls for about a week now. I added to my position after reviewing the 15m chart this morning. Both ups and downs did not bottom out, they stayed strong and brought a higher high as you can see with both low white lines in my chart. Moving upwards, It seems to me that it broke the level of support and now has huge potential to gap up to the $12.25 - $14 range. If i see this stock breakout past the $14.50 mark, i am doing heavy $20c with small $10p
NVidia Earnings Massive Implications for NNOX **Nano-X Imaging Technical Analysis: A Brief Overview**
Over the past 10 trading days, Nano-X Imaging (NASDAQ: NNOX) has witnessed a notable uptrend, with its price rising in seven instances. This surge in value amounts to an impressive 128% increase over the past two weeks. However, a closer examination reveals potential signs of divergence as trading volume decreased by 3 million shares on the last trading day, despite a total of 44 million shares being sold.
When considering the stock's performance over the past 52 weeks, we observe a wide price range, with the highest recorded price reaching $22.69 and the lowest price bottoming out at $4.89. Currently, Nano-X Imaging's stock signals a buy from both short and long-term moving averages, suggesting a positive outlook. Additionally, the relationship between these moving averages reinforces this sentiment, as the short-term average remains above the long-term average.
**Nano-X Imaging Technical Analysis: A Comprehensive Insight**
In addition to the dynamic movement observed in Nano-X Imaging (NASDAQ: NNOX) over recent trading sessions, it's essential to factor in external influences that could impact its trajectory. One such influential player is Nvidia, a significant investor in Nano-X Imaging and a dominant force in the semiconductor industry with a market capitalization in the trillions.
As Nvidia prepares for its earnings call, scheduled to send shockwaves through the market, the implications for Nano-X Imaging cannot be overstated. The relationship between these two entities intertwines their fortunes, especially considering Nvidia's considerable influence and expertise in semiconductor technology. Any developments or projections from Nvidia's earnings call could have ripple effects on Nano-X Imaging's stock performance.
Given Nano-X Imaging's innovative approach to medical imaging technology and its strategic partnerships, including Nvidia, investors and market analysts alike are keenly attuned to the potential impact of external market dynamics on its stock price. As such, staying informed about industry trends, corporate announcements, and market sentiment surrounding both Nano-X Imaging and Nvidia is paramount for making well-informed trading decisions in this ever-evolving landscape.
**Nano-X Imaging Technical Analysis: Moving Averages Insight**
In the event of price corrections, support levels can be identified at $7.58 and $6.18. A breakdown below these levels would trigger sell signals, indicating potential downward momentum. Notably, a buy signal was issued from a pivot bottom point on Monday, February 05, 2024, resulting in a remarkable 143.42% rise thus far. Further upward movement is anticipated until a new top pivot is established.
Moreover, the analysis of the three-month Moving Average Convergence Divergence (MACD) suggests a buy signal, corroborated by volume and price indicators. However, it's crucial for traders and hedge fund managers to exercise caution and closely monitor Nano-X Imaging's stock as it continues to evolve. This comprehensive analysis provides valuable insights for informed decision-making in the fast-paced world of trading.
NNOX bullish at 9.50 a share
Unlocking the Future of Medical Imaging: Nano-X Imaging
In the realm of medical technology, innovations are constantly reshaping the landscape of healthcare. One such innovation that has been garnering attention is Nano-X Imaging Ltd. (NASDAQ: NNOX), a company at the forefront of revolutionizing medical imaging technology. Let's delve into the details and explore why Nano-X Imaging is making waves in the industry.
A Glimpse into Nano-X Imaging:
Founded in 2018, Nano-X Imaging is a pioneer in developing a commercial-grade tomographic imaging device with a digital X-ray source. The company's cutting-edge technology is centered around its Nanox Multi Source System, which incorporates a digital X-ray source known as Nanox.ARC. This innovative system promises to revolutionize medical imaging by offering cost-effective and accessible solutions to healthcare providers worldwide.
Driving Forces Behind Nano-X Imaging's Success:
Advanced Technology: Nano-X Imaging's digital X-ray source, based on digital micro-electro-mechanical systems semiconductor cathode, represents a significant leap forward in medical imaging technology. The Nanox Multi Source System, coupled with Nanox.CLOUD platform, facilitates seamless connectivity, image repository, and access to diagnostic AI systems.
Strategic Partnerships: Nano-X Imaging has strategically collaborated with industry leaders to advance its technology and expand its market reach. Notable partnerships include a manufacturing agreement with Varex Imaging Corporation, emphasizing its commitment to innovation and growth.
Regulatory Milestones: The company's recent FDA clearance for HealthFLD, an advanced AI-based software empowering clinicians in the assessment of fatty liver, underscores Nano-X Imaging's commitment to obtaining regulatory approvals and bringing its solutions to market.
Investor Confidence: Nano-X Imaging has attracted significant attention from investors, evident from recent headlines reporting large volume call options and notable investments from prominent firms like Nvidia. This investor confidence speaks volumes about the company's potential and prospects for growth.
The Path Forward:
As Nano-X Imaging continues to innovate and expand its presence in the medical imaging industry, investors are keeping a close eye on its trajectory. With a target price of $16.25 per share, there is optimism surrounding Nano-X Imaging's potential to deliver value to its shareholders.
However, it's essential to approach investment decisions with a balanced perspective. While Nano-X Imaging exhibits promising technology and strategic initiatives, market dynamics and external factors can influence stock performance. Investors should conduct thorough research, consider risk factors, and consult with financial advisors before making investment decisions.
In Conclusion:
Nano-X Imaging represents a compelling opportunity in the ever-evolving landscape of medical technology. With its groundbreaking technology, strategic partnerships, and regulatory achievements, Nano-X Imaging is poised to reshape the future of medical imaging. While the stock's performance may fluctuate in the short term, the underlying strength of Nano-X Imaging's fundamentals signals long-term potential for growth and innovation in the healthcare sector.
(NNOX) Nano-X Imaging: Unveiling the AI-Medical Revolution"Price History Analysis:
The closing price on 02/15/24 was $9.50.
The stock price has shown volatility over the past year, with fluctuations likely influenced by company news and market sentiment.
Recent News and Events:
Nano-X Imaging received FDA clearance for HealthFLD, an advanced AI-based software, empowering clinicians in the assessment of fatty liver.
Nvidia, a significant player in the technology industry, has made investments indicating a belief in the future of AI. This investment trend could positively impact Nano-X Imaging, given its focus on AI applications in medical imaging.
Positive news and developments like FDA clearances and strategic investments can drive investor interest and potentially influence the stock price positively.
Analyst Ratings and Price Targets:
Analysts have provided a consensus rating of "Buy" for NNOX.
The average stock price target is $16.25, with a potential upside of 71.1%.
This indicates that analysts are generally optimistic about the future performance of Nano-X Imaging.
Financial Performance:
Nano-X Imaging reported negative earnings per share (EPS) in the most recent fiscal year, indicating losses.
The company's net margins and pretax margins are negative, suggesting financial challenges.
Return on equity (ROE) and return on assets (ROA) are also negative, indicating inefficiency in generating profits from shareholders' equity and assets.
Industry and Sector Analysis:
Nano-X Imaging operates in the business services sector, specifically in the X-ray apparatus and tubes industry.
The company's innovative technology in tomographic imaging and AI applications positions it in a potentially lucrative sector, especially considering the increasing demand for advanced medical imaging solutions.
Technical Indicators:
Technical indicators such as moving averages, relative strength index (RSI), and trading volume can provide insights into the stock's momentum and potential price direction.
Detailed technical analysis charts, including moving averages and support/resistance levels, can further assist in understanding the stock's trading patterns and potential entry or exit points for investors.
Investment Consideration:
Nano-X Imaging shows promise with its innovative technology in medical imaging and AI applications.
Positive developments, such as FDA clearances and strategic investments, indicate potential growth opportunities.
However, investors should carefully consider the company's financial performance, including its history of losses and negative margins.
Additionally, market volatility and regulatory challenges in the healthcare industry could impact the stock's performance.
In conclusion, Nano-X Imaging Ltd. presents an intriguing investment opportunity due to its innovative technology and positive industry trends. However, investors should conduct thorough research, considering both the company's potential for growth and its financial challenges, before making investment decisions.
S&P rally - new historical highLooking at the S&P chart- whaaat RALLY ! Under the Moon in Aries; as forecasted 2 days ago
NNOX longAfter a couple of weeks in this symmetrical triangle, NASDAQ:NNOX daily finally broke and closed above it. Will be going long monday with a pt of 24.66.
Bullish pennant. After looking at the daily chart on NNOX you can see a bullish pennant with volume to support the pattern. With that being said The target price is around 28 to 30 dollars. Breakout mode as of Friday which indicates a good entry point. MACD about turn green and RSI is heading up.
$NNOX Receives FDA 510K, Next Big Catalyst?The stock that I like so much finally received FDA 510K on the Nanox.ARC X-ray system. As much as it been short-selled into the ground, I am still heavily invested in it, and I think many of the catalyst in terms of early market and tech validation have already passed. It may not be smooth sailing, but I am still interested in Nanox for the long term, and am still here. That said, none of this is financial or investment advice. Information provided is "as-is". Do your own due-diligence.
NNOX - End Of CorrectionNNOX appears to have printed a corrective top pushing up out of an ascending wedge to form a shakeout reversal pattern through 0.5 fib and then weaving back through 50WMA.
Previous weeks candle close was quite telling I think also printing and SRP upper wick doji through 50WMA.
Should be heading a lot lower and I have bought ATM 2024 leap puts to catch the next leg down.
Not advice.
This Could Be a Great Long Term BetNanox have been short-selled quite alot, and then you have this + the combination of hyperinflation and a recessive economy. However, Nanox is an Isreali company. The Nanox Korea building construction has been completed . While it may be a risky bet, now may be the time to get in. That said, please invest at your own risk. Do your own due diligence and everything said here is on an opinion-based basis.
NNOX Long this support levelFDA clearance for their single source NANOX Arc just on April 2, 2021, and was heavily shorted
NNOX - Will Freefall AgainNNOX accelerating to the downside here peeling down and away from the 20WMA as it did in A wave collapse.
I've left the long range 0.618 and short range 1 to show potential fibonaaci reversal points, but as you can see the confluence is with the lower 1 and 1.618 which combined with consideration of downward thrust will likely show parking for a primary C wave selling climax in the area of $6.
Probable weekly RSI will go oversold.
May overshoot fibs sub $6 but should see a hard bounce in that area.
See you there.
Not advice.
Mark Minervini's Style Analysis1) beautiful pattern, vcp at its best shape
2) volume and ATR were very low = solid friendship sellers and buyers
3) price has trpled from prev. important base low
already made correction ~40%
4) the potential: was very good, risk (5.42%)
after breakout:
1)price advanced rapidly, and got extended from averages
2) offering partial selling into strength opportunity
3) other possible exits at EMA21 & EMA50
Current Watchlist Including: $NNOX, $DOCU and $SPCEI will be honest, yesterday felt like I was shopping at the clearance section in Robinhood. All jokes aside, I think these three stocks have been shortened alot, and now w/ tax season coming up, the sell off has mostly already happened. I still believe in Nanox's overarching goal and do notice they are finishing up final phases of their factory (as least according to the recent images trending online), DocuSign seems to have lots of growth potential, and Virgin Galactic is still Virgin Galactic. If you want to go off of fundamentals, breakout potential or a positive retracement does seem there. That said, please invest at your own risk. Anything you do is at your own risk. This is solely on an opinion based basis and not meant to warrant any form of financial or investment advice once-soever.
