Corona is not going away soon + Daily MACD cross
+ Falling wedge
+ 0.618 Bounce
+ Coronavirus infections still going up (they make test kits)
+ 100 MA Support
+ RSI low
ALNOV trade ideas
Novacyt Long - A month Target If price doesn't break through support at 3,350, we expect a rebound upward. After retest re-entry at 3,400
Bye Novacyt A strong bullish signal.
Keep in your portfolio.
Or a good opportunity to strengthen your position.
Levels to tradeChart provides levels to trade. Price is always between two of them. Trade level to level.
Target for end of October 2019: €0.01Novacyt has been falling linearly since April 2016 (purchase of Primer Design). If it continues on this trend then it should go out 0.01 € towards end of October 2019.
Penny stocks: Novacyt (1/5) + Education, Spread your investmentsRisk: Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. As promised I provide you with some penny stocks today, but for the most part I keep focusing on the crypto analyses.
Education:
Do you know people who had to leave their home because they could no longer pay their mortgage after losing a job? I do. No matter how bad it is for them, these people have made a mistake at an earlier stage. Probably out of ignorance. Did you hear the stories about people who lost their money in the stock market in 2002 and went to drugs? I do. What if the crypto market crashes? Have you lost all your money? Then you made exactly the same mistake.
The trick is to create multiple cash flows. A job, maybe two or trhee jobs, cryptos, currencies, interest, stocks, dividends, et cetera. When one or two cash flows are lost, you can still continue to live in your house. Otherwise you have still made a mistake by buying an overpriced house that you actually could not afford.
This is why I provide you today with 5 penny stocks that are technically right, about to break out and have a great profit potential for the coming years. Imagine one of these companies is a sleeping giant? Two shares rise a little, one falls and one company goes bankrupt? By spreading your investments you still have the jackpot and you have perhaps made a 1000% return or more!
Stock
The first penny stock is Novacyt. The Novacyt Group is a leader in the field of cellular diagnostics with a growing portfolio of cancer and infectious disease products and services.
Novacyt is ready for a breakout. We have seen one false breakout already. If we close with a candle above the blue trendline a breakout is confirmed. (Click the play button on the chart to look for confirmation) Our first target will be the 200ma, but I've this stock in my long-term portfolio.
Buy: Now or if it breaks out.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
