NNOX trade ideas
$NNOX BAT pattern potential See chart for price reversal zone, $NNOX & $FSLY & $PLTR... harmonics all filled \, is it weak market are a bounce opp? lets see, Targets 382% 618% and top of pattern
I am upgrading my $NNOX Target from $115 to $200+I seen what happened at $95, the FDA response, and how people responded to lockup expiration + the secondary offering. People reacted quickly, things got tense, and now the storm will soon calm. The point is, it very recently hit a new high, and a new high will happen likely really soon. Once $115 passes, my new target is $200. I believe this is feasible if single source FDA approval is within a timely manner. They also have factories and deployments. I am looking constantly at institutional activity, and that is what excites me the most trend-wise. That said, please invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis.
NNOX - Picked some up today on the dropBig drop today, seemed like a good discounted price. Volume starting to trend back up and RSI reversal.
NNOX potential 100% swing ideaLooks to be forming a double top, would like to see a retracement to the .618 to see a move to near all time highs and even higher I do believe in the upcoming weeks
NNOX - retesting breakout zone and showing resilience above itARKK invest has been accumulating this stock.
This is a name I've been long on and off. I continue to stay long. This is an add spot here
NNOXThe security made a big retest of the triangle, returning to almost the support level. Hence, we expect a movement towards this target of $ 111 (an increase of 65%). It is recommended to reject and fix the profit - the time in the markets is unstable.
US Stock In Play: $NNOX (Nano-X Imaging Ltd.)With Wall Street’s attention fully focused on the exasperation and parabolic price behavior of $GME, $BB, $BBNY and $AMC this week, $NNOX have slipped under the media radar with a +65% rally since Friday, breaking out of its consolidated price action within a Symmetrical Triangle chart pattern. $NNOX closed at $85.13, posting a new all-time high for the first time since December 2020.
$NNOX price rally with coupled with infusion of significant liquidity, where trading volume returns to a level that was last witnessed in November 2020. Current price volatility have surge to a day range of $7.13, barely a dollar away from its peak volatility established in September 2020.
I am Buying now and till 60.Nice breakout....More fireworks above 69$. i will add some qty now and some till 60$.. My stop loss is bit far around 50$.
Will exit on 5 to 10% gain minimum for trading qty... Profitable shares i will keep for long term....
$NNOX - 5-month Ascending Triangle Opportunity (Pre-Breakout)$NNOX had an explosive upside move on Friday.
An upside breakout of this ascending triangle gives me the following targets:
TG1: 76.50
TG2: 86
TG3: 96.50
Invalidation under: 52.19
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$NNOX, Wait for the Catalyst + Short Squeeze (Low Volume)Nanox has been shortened alot, and now oversold on low volume. Looking at the RSI, it is quite low, and due for a breakout. Outside of this, I believe it has been announced that they have pre-orders for within the range of 15k machines. This accounts to what could be $1 billion in mostly revenue, if I understand currently from what has been said about the JP Morgan Virtual Conference. At the current market cap of $2.3B, this puts them likely under their fair overall enterprise value. Currently, FDA approval is a major catalyst that should be "soon" in regards to single source if everything goes well. Multi-source could be in the first half of 2021. It is currently a waiting game in regards to catalyst. There are also other big catalyst such as a factory announcement that may happen soon. Regarding patterns, I think overall a bullish setup is there. Currently, I am long. That said, do your own due diligence and invest at your own risk.
NNOX mid-long term PT $83looking to mimic its first ride up with the same double top pattern. At this point, it should consolidate and gap to the upside.
NNOX LongFew weeks ago nnox demonstrated their new technology for x ray machine.
Technically, about to break traingle pattern.
Great risk-reward ratio.
Study Chart setup$NNOX close to 50 day ema - consolidation nearing 50 day ema - need to watch breakout and volume
NNOX Bull PennantLooks like a Bull Pennant forming. Look for volume on the breakout of resistance. Not investment advice
The $115+ NNOX Target + Patterns$NNOX is one of those volatile stocks that took the world by storm. If you don't like volatility, it is likely best to stay away from biotech or healthcare. That said, there are alot of expected catalysts. $NNOX have been heavily shortened, and it is in the opinion of many that lots of market manipulation has been and is going on. The short interest is low and the borrow rate is high. Currently as I see it, the pattern is still incrementally upwards. Nanox has the catalyst of factory announcements, FDA approvals for both single and multisource, plus the commencement of "device leasing". Currently with 4 catalyst, three of them that are expected to be big, a target of $115 seems reasonable. Support levels should be picking up soon, and unless one wants to flip for few cents or dollars per share as profit, this currently seems much better suited for a long term position. That said, I am long. Everything I say is on an opinion based basis. Please do your own due diligence and proceed with caution. Opinions mentioned here aren't meant to warrant solicited financial advice.
NNOXit got out of the triangle yesterday, and did +11%
now, it looks like it is doing a pullback following the 0.5 fib's retracements, after hitting the $53 resistance.
the red line is what I expect is gonna happen.
trade well.
