BNGO Potential BreakoutBNGO is moving nicely today and looks like it could secure a breakout.
Target somewhere around 18
BNGO trade ideas
BNGONot financial advice
BNGO short term looks like another wedge breakout.
Just broke out of a previous wedge to fall in a larger wedge pattern.
Supported by wedge line and EMA200.
See how it goes.
BNGO - Ready to go to Mars 🚀If it breaks the 13.29 Resistance point, goes to mars. All it needs is more good news (which come every week) and a good volume. Lets Go!
$BNGO Ready to breaks the resistance$BNGO Ready to breaks the resistance. If it breaks the triangle pattern, the nest level will be $15.
LONG BNGO FLY!Hello everyone, according to Elliot waves analysis, we are currently leaving Elliot wave 4, which was in the form of symmetrical triangle, our fifth wave will land approximately at 17-19$-21$.. so short term target is around that area. Good luck everyone😌🚀🚀🚀
Note: This is Elliot's impulsive wave, that came into fib retracements in a very bullish way retracing so correctly.. consolidation that happened during 4th wave generally is always in triangle form, 5th sub wave of triangle was finished yesterday.. so today we had to have breakout.
BNGO - will it break out of bull pennant soon?BNGO hit a high of 13.85 before it began to cool off and since then has been consolidating within a bull pennant. It is now near the apex of the pennant which means a breakout could happen by next week.
Long the breakup as it goes above 12.36 with initial stop loss slightly below 11.10. Swing traders can consider to scale out between 16.50-18.00 (168% and 200% fib extension of the bull pennant respectively). Or ride for the longer term with trailing stop loss.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
weekly inside bar, will trigger over 12.70Weekly higher lows building, undercut 10 day (kissed off 11 Demand) w reclaim (daily)& touched daily supply @ 11, i think $BNGO puts in a day tomorrow, top watch for me w $CEVA & $CCIV
$BNGO about to break out of symmetrical triangleHello fellow traders. Bngo has been in an accumulation pattern for a few weeks now. This stock is in a massive uptrend and has been a major gainer in my swing trades/portfolio. It bounced twice from the .236 fib level and is now on the cusp of breaking out of the symmetrical triangle; hopefully bullish. The ten days it has been in accumulation gave the emas some time to catch up after that incredible bullish run so now the 14ema is "only" about 10% below the current price and could be support (in addition to the fib level) in case the price falls.
I hold this for the long term and keep trading when the opportunities present themselves. This may be one of them.
Safe trades!
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***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
Ascending triangle or pennant flag? Long playI see this moving up following the ascending triangle for a long play.
BNGO: Bullish pennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 8
250RSI above 50
200MA ascending
RS above 0, and ascending
Target:
PT = 25.85$
BNGO continuation? $14 price target? 3 different analysts gave this a price target of $14 and the highest being $15. Could this be the next jump?
I hate Cancer, I hate Shorts but...Shorts are doing the loyal investors a favor, they are man-making a solid resistance level to spring board from. When this hits $20, it will happen fast more than likely within hours... Just get in and sun block up... this is a long term play, not a spac, a P&D, or a penny stock... what you are witnessing is magic and it only happens once every decade or so... cheers.
Holding BNGOBNGO triangle not broken yet.
But based on the parallel channel up formed last month, there's a higher possibility that the triangle will be breaking upwards.
11.71 looks like a good price to enter and hold. If the price drops to 11.37, can considering buying more and hold till TP.
TP1: 14.89
TP2. 16.96
$BNGO ... Only god knows how much I love ascending trianglesAs shown in the graph I expect one more low before the breaking of the ascending traiagke neckline.
Once the beakout is done my target will in the pink area between $20 and $22.
Not a financial advice. Do your own research and have a happy trading.
$BNGO - buy the dipsI buy the dips, hold some for myself and sell calls for the future
I can solidify a 20% return by selling options and if the stock keeps booming, I have some shares against which I do not sell call options
On options I own I am up 24%
On call options, if they are in the money at expiration, I lose my shares but still gain 24% due to the buy price on initial shares. If the call is out of the money, I collect the premium which is 20%
Binano Genomics Inc - About to take off 🚀 -Bionano is a genome analysis company providing tools and services based on its Saphyr system to scientists and clinicians conducting genetic research and patient testing and providing diagnostic testing for those with autism spectrum disorder (ASD) and other neurodevelopmental disabilities through its Lineagen business. Binano's Saphyr Study Is First to Analyze Cancer Regulation at Level of Single DNA Molecules, Opens Promising New Avenue of Cancer Research. Additionally, Binano's Saphyr appears to be more cost effective. The platform’s estimated cost of $500 per genome coming in far below the $10,000-20,000 per genome when HiFi and SMRT sequencing are put into action.
-Its one of our top stocks currently in our portfolio and today we would like to present you our opinions on this boy. Super positive news came previous weeks about Saphyr. Social sentiment on this stock gets more and more positive every day. It started catching good daily volumes. We can see a Bullish Pennant on this chart. We feel very bullish on this one. We wish safe trades to everybody!
