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.
NNOX trade ideas
Could $NNOX have hit a Triple Bottom --> Potential Long?$NNOX is one of those stocks that been giving everybody (including myself) a difficult time. They have been massively short-selled and as a result, people have been extra critical on the buyside. However, as far as I am concerned, version #1 got FDA 510K, they are acquiring Zebra Medical, they are finishing up the build of their factory, and the charting pattern looks very similar to a triple bottom. That said, invest at your own risk. Please consider this on an opinion-based basis.
NNOX, Ready for Round #4?I think Nanox has been heavily shortened on FDA news, which isn't surprising knowing the market's tricks. That said, it is accumulating and has been around the $33 price point for the past few days. I think now is the time where for the next few weeks, support levels can start picking up. It does have potential for a next wave bull run at these levels, and a real short squeeze is yet to happen in my opinion. That said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence.
NNOX Gap Fill ReversalNNOX has filled the gap in its chart to the 42.5 level. Now that the gap has been filled, price generally reverses after a gap fill to the next layer of resistance. In this case the next level of resistance would be at the top of the range around the 47.5 area. I break below the support at the 41 level would trigger an exit
Citron got what they wantedCitron's report got it down, but I think such volatility is encoded in this stock it can easily go $60+ and then down and then back up again...
Getting in sub $20 would feel super safe to me.
Of course I wouldn't dare hold this long term unless something on the 'prove it works' side of things drastically changes. Right now it would be a search for greater fools... Leaves me to think whether there aren't enough safer stocks to make 100% with out there...
This is 2020. Rolling a carriage downhill and claiming you invented cars is totally fine.
Probably a 'fake it 'til you make it' kind of thing, this.
$NNOX and $VXRT: Cancel the Shorts, Buy the dip!Overall, I think the market is massively overreacting in regards to high tech plays and small cap stocks. Energy and financials vs. high growth, tech, and SPAC plays aren't the way to go. Support levels being picked up can cause a massive short squeeze. That said, invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis.
NNOX. This is the bottom for this small-cap stock. 10:1 RRR.NASDAQ:NNOX is a stock I heard about from Deadnsyde . I don't know about fundamentals, but this looks like the bottom if you're interested in growth-potential low cap tech stocks. RSI has reached an oversold territory, its lowest ever. As a rough estimate, this trade presents an opportunity of 100% return in one month versus 10% potential loss.