RKDA trade ideas
I Timed That Perfectly, Deleted After Two Minutes lolIt was too fast a trade, so I didn't want people to buy it. It was a day trade. I learned this trick from this veteran trader where when you see a hot stock approaching a whole number, and it has lots of buzz, he said intraday you can play through the whole number. That's all he would trade -- through the whole number
RKDA ShortRKDA has been around since 2002. Market seems to really like this one lately, I don't see much reason. Stock has endless losses and now making deals with former MLB star Shane Victorino to get exposure to hemp. CEO leaving and CFO taking the reigns. Company anticipating $30 million in revenue but there seems to be a good bit of warrants overhead. I think regardless of optimism, company will need to raise capital at some point in the next year. I am skeptical to say the least and short the stock .
Wow, an explosion!Hello Traders! This stock came up today with good news on profitable outlook! Looking at the technical's they look strong for a potential continuation tomorrow, so ill be watching. For the uptrend to continue we will need to see a break and re-test of the 10.45 level. That would give us the best opportunity to enter for bullish play. For the shorts, the main level we will be watching 9.00 , as a break and re-test below there as it would break the current structure. Make sure to set your alerts! And good luck! Dont forget to LIKE and FOLLOW for more! Find my video analysis on youtube! Have a great rest of your day!
A recap of RKDA PM gap up scenario.Reviewing a runner and how to trade a premarket gapper based on some confirmation rather than waiting for volume confirmation. Some will argue that without volume confirmation, it could be purely manipulation. It would be important to confirm a valid catalyst. This was made primarily for personal use.
RKDA TTM Squeeze Setup Squeeze is currently on. Volatility bottomed out recently (see ADX) and is turning upward. RSX is trending upward, which tells us momentum is bullish and we'll want to go long. The Bollinger bands have started to expand but haven't eclipsed the keltner channel yet. The bullish tail on yesterday's candle and the close just below the upper Bollinger band provide some confirmation that RKDA is setup nicely for a TTM squeeze. I entered yesterday at 4.30 avg. Accumulate while the squeeze is still on or just after release and ride the trend on the upper BB until the momentum shifts. It should be an easy ride up to 5.50-5.75, which looks like the first level of sustained resistance.
Arcadia Biosciences (RKDA) is tanking, but will it recover soon?Arkadia is an agricultural food ingredient company that partnered with Shriram Bioseed, a research and hybrid seed development company, to develop Extended Shelf Life (ESL) tomatoes. The two companies recently announced a key milestone in developing ESL tomatoes.
Bioseed has field tested Arcadia’s ESL technology in multiple tomato hybrid backgrounds, locations and seasons. Arcadia’s ESL tomato technology is especially valuable in developing countries where post-harvest handling and logistics present a challenge.
Genome-editing biotech companies such as Arcadia Biosciences (RKDA), Editas Medicine (EDIT), CRISPR Therapeutics (CRSP), and Intellia Therapeutics (NTLA), have been super popular among investors in the past couple of years. The genome-editing techniques in agriculture can be thought of as supercharged relatives to earlier selective breeding methods used to produce more desirable plants. In particular, genome-editing is being used to generate reduced gluten content, drive resistance to high temperatures and improve yields, drought tolerance, and nitrogen usage.
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