EFOI Losing Focus. 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 purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. 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.
EFOI trade ideas
ABEO One Year PlayNASDAQ:ABEO
I have been watching ABEO for about a month now. ABEO has the potential to make a few bucks but is relatively high on risk. I hesitate parking too much money here for too long but do believe this will reap rewards in 6-12 months.
Some reasoning goes as follows:
1) Legitimate company that is in the middle of working on multiple gene therapy products for rare conditions.
2) Past spike was caused by announcements of news and positive news regarding one product
New Positive Phase 1/2 Interim Data Presented at WORLDSymposium™ Shows Neurocognitive Development of Young MPS IIIA Patients Preserved up to Three Years Following Treatment with Abeona’s ABO-102 Gene Therapy
Feb 12, 2021
Abeona Therapeutics Announces Clinical Investigator Webinar to Review ABO-102 and ABO-101 Clinical Data Presented at the 17th Annual WORLDSymposium™
Feb 3, 2021
3) There will be multiple announcements coming this year
EB-101
Completion of patient enrollment for the EB-101 Phase 3 VIITAL™ study in the first quarter of 2022
Top-line VIITAL™ study results in the third quarter of 2022
ABO-102
Construct and operationalize the new AAV manufacturing facility in 2022
Top-line results for MPS IIIA Transpher A study between the fourth quarter of 2022 and second quarter of 2023
ABO-101
Two-year neurocognitive data from MPS IIIB Transpher B study in the second half of 2022
Preclinical Pipeline
Generate proof-of-concept data assessing AAV capsids in multiple undisclosed eye indications beginning in the first half of 2022
Pre-IND meeting with FDA in the second half of 2022
4) The announced public offering of stock has been gobbled up while the price remains flat. This points to accumulation.
I would be looking to put 5% of my trading capital into this stock at a price point of .27 and the price target is $3 even. Obviously a 10 bagger is rare, but this might have some potential.
Energy Focus to hit another big one. EFOIWe are sure the run on this one is not yet finished and are bullish on this stock. The fractal picture fits this stance, and also we are somewhat reassured by the projected bullish outlook on the SNP500.
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!
Too Much Potential - Short Squeeze - 50%+ Possible GainsEnergy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers military maritime LED lighting products, such as Military Intellitube, globe lights, berth lights, and fixtures, as well as Invisitube ultra-low EMI tubular LED (TLED) and LED retrofit kits to serve the United States navy and allied foreign navies. The company also provides commercial products comprising direct-wire TLED replacements for linear fluorescent lamps; RedCap emergency battery backup TLEDs; EnFocus lighting platform, including dimming and color tuning; LED fixtures for fluorescent replacement or high-intensity discharge replacement in low-bay and high-bay applications; LED downlights; LED dock lights; LED vapor tight lighting fixtures; and LED retrofit kits. It sells its products to military maritime, industrial, and general commercial markets through direct sales employees, independent sales representatives, electrical and lighting contractors, and distributors. The company was formerly known as Fiberstars, Inc. and changed its name to Energy Focus, Inc. in May 2007. Energy Focus, Inc. was founded in 1985 and is headquartered in Solon, Ohio.
Not Financial Advice - Just perfecting a process... At the time of this posting, I DO own positions in this stock!
Idea:
Price Target 1: 5.26
Price Target 2: 6.26
Price Target 3: 8.86
- Bullish
Pros
MACD crossed - charts
Institutional Ownership - fintel. io
Days to cover short positions are decreasing - fintel. io
Borrow interest rate to short this stock is OVER 100%+
Cons:
Hmmnnnn...
Not Financial Advice - Just perfecting a process... Do you own due diligence before investing!
Leave a comment that is helpful or encouraging. Let's master the markets together
EFOiI do have an active position with stops below the daily low, I’m watching this for a target of the top of this falling wedge around nine dollars
We can see clear resistance around 544 at the ichumchi cloud on the daily. Holdin above that will be critical, but we did breakthrough some down trending resistance, and on the four hour and blow time frames we are above so many indication resistance levels. That being said I’m going to remain Bullish as long as we hold above the daily low
EFPO sell side pressure in the short-runTesting a strategy using Level 2 order flow with technicals. This stock has a gap up and order flow is showing huge orders on the sell side (outflow 108 vs inflow of 104) which shows the supply side is taking over for the very short-term. It's better to put in a limit sell order to wait for the price to reach before getting a fill. MACD is also showing overbought signal with crossover.
$efoi earnings playThe EnFocus™ platform—with LED lamps and wall switches—leverages existing wiring to provide dimming (EnFocus™ DM Series) and color tuning controls (EnFocus™ DCT Series) to provide a controlled lighting system that is affordable and accessible for existing buildings.
Be careful however since SPY may slide and is in for a 10% correction NASDAQ:EFOI
EFOI Breakout Stock AlertBREAKOUT STOCK ALERT
$EFOI - Energy Focus, Inc. - Common Stock Status Alert: Deficient
Initial Alert Price: $4.88
Potential Price: $7.36
Potential Gains: 5082%
Stop Loss Limit: $4.64
Looking for a $7.36 Swing and Retest of those Resistance Levels with EFOI. The stock has confirmed the completion of consolidation from it's most recent breakout to the $11.60 Price Levels on Oct. 13th, after the company announced that it was launching its Advanced UV-C Disinfection Product Portfolio Offering for Airborne and Surface Disinfection Solutions for commercial and Residential Indoor Environments. If the stock does complete the Resistance Level Retest, breakthrough those levels and finds support above $7.60, the next level of resistance sits around the $8.90-$9.55 Price Ranges. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
EFOI - Fallen angel pattern Long from $2.37 to $2.67EFOI Seems forming a fallen angel formation with great moneyflow divergence. It has good upside potential, If it can break above its resistance label around $2.37
* Trade Criteria *
Date First Found- July 26, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $2.37
Exit Target Criteria- $2.67
Stop Loss Criteria- $2.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
EFOI BREAKING THE DAILY FALLING WEDGE DRIVEN BY NEWS?EFOI is breaking a long term daily falling wedge, probably driven by a good news for the company. I'm looking for one more wave up for this one. This is the news: "SOLON, Ohio, Sept. 29, 2016 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced that the U.S. Navy Naval Sea Systems Command has qualified the entire family of Energy Focus 2-ft. tubular LEDS (TLEDs) and fixtures for use on new ship construction."
EFOI- potential long EFOI had decline with earning report & it continued the decline holding below EMA lines for last 3 week. Recently it is showing some strength & making nice rounding bottom. It also had some insider buying few months back. We think it will go up now.
You can check our detailed analysis on EFOI in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 9:40"
Trade Status: Pending