SEED - LONG Trade - Expected 500% Gain - AB=CD Harmonic PatternOn 1M scale, AB=CD Bullish Reversal Harmonic pattern has been drawn which seems to be almost perfect fit in real world scenario.
Fundamentally Origin Agritech Ltd (SEED), two-decade old company, has recently developed a GMO corn seed which has been said to have doubled the yield of crop. Besides, seeing the historical data with technical analysis of the Price chart, it is very likely that in next 8 to 10 months the stock price will rise to $25 from $5 which is phenomenal 500% increase.
The start of Bull run for this stock has been indicated by a dominating Green Candle. However, Harmonic Pattern suggests that price may take a dip to touch Potential Reversal Zone. Nonetheless, for long racehorses it does not matter they will take the trade with patience.
My Trade values are depicted on chart.
SEED trade ideas
$SEED BULLISH CYPHER PATTERNOrigin Agritech Limited, together with its subsidiaries, operates an agricultural biotechnology and an e-commerce platform in the People's Republic of China. The company engages in crop seed breeding and genetic improvement activities. It develops, produces, and distributes hybrid crop seeds, as well as develops hybrid seed technology. The company also operates an e-commerce platform, which provides range of products, including agricultural seed products that comprise corn, rice, and vegetable seeds; other agricultural inputs, such as fertilizers and agricultural chemicals; foods; household products; and other consumer products to farmers through online and mobile ordering. Origin Agritech Limited was founded in 1997 and is headquartered in Beijing, China.
$SEED BULLISH CYPHER PATTERN$SEED BULLISH CYPHER PATTERN
SUPPORT AND RESISTANCE
Huge Spike in Volume
Origin Agritech Limited, together with its subsidiaries, operates an agricultural biotechnology and an e-commerce platform in the People's Republic of China. The company engages in crop seed breeding and genetic improvement activities. It develops, produces, and distributes hybrid crop seeds, as well as develops hybrid seed technology. The company also operates an e-commerce platform, which provides range of products, including agricultural seed products that comprise corn, rice, and vegetable seeds; other agricultural inputs, such as fertilizers and agricultural chemicals; foods; household products; and other consumer products to farmers through online and mobile ordering. Origin Agritech Limited was founded in 1997 and is headquartered in Beijing, China.
Seed - BullishSeed CMP - $10.65
Looking bullish in higher time frame. One can go for Swing Trade setup with the following entry, exit & targets
Buy range $10.50 - $10.75 / Stop Loss $9.60
Target 1 - $11.00
Target 2 - $11.50
Target 3 - $12.25
Disclaimer: This is my view and for educational purpose only.
Bullish Charts - Ready to Explode HigherOrigin Agritech Limited, through its subsidiaries, operates an agricultural biotechnology and an e-commerce platform primarily in the People's Republic of China. The company engages in crop seed breeding and genetic improvement activities. It develops, produces, and distributes hybrid crop seeds, as well as hybrid seed technology. The company also operates an e-commerce platform, which delivers agricultural products comprising agricultural seed products, other agricultural inputs, foods, household products, and other consumer products to farmers through online and mobile ordering. Origin Agritech Limited was founded in 1997 and is headquartered in Beijing, China.
From the looks of what I read, SEED is could have approval any day to start growing its biotech corn in China.
Looking for a pop soon.
Target - $9.00 to $10
Long
SEED ready to sprout!Hello,
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What is Seed About?
Founded in 1997 and headquartered in the Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, Origin Agritech Limited (NASDAQ GS: SEED) is China’s leading agricultural biotechnology company, Origin Agritechspecializing in crop seed breeding and genetic improvement, seed production, processing, distribution, and related technical services. As the first Chinese seed company with an in-house biotech research center, Origin leads the development of Genetically Modified (GM) technology.
Looking at the chart I have identified a bullish divergence that has a high probability of reaching the target indicated on this chart.
Good Luck
Cheers!
Origin Agritech ready to bounce Origin Agritech Ltd. operates as a holding company. Through its subsidiaries, it engages in the research and development, production, sale, and distribution of hybrid agricultural crop seeds. It offers services for crop seed breeding and genetic improvement, seed production, processing, distribution, and related technical services.The company was founded by Geng Chen Han in 1997 and is headquartered in Beijing, China.
How to Spot Break out and make it low risk profitable trade1. Start from creating your watchlist.
2. Use our indicator to sport support and entry
3. Watch for break out , especially from flag pattern, use scan tools i.e. finviz
4. Set stop loss under the recent support
5. Take profit at least double than your risk
Happy Trading!
Marvell Technology stock: time to pick it up?Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuits. The enterprise and data center sales continue to show strong growth.
The investor sentiment is mixed. The stock fell 13% in the past six months as semiconductor companies are losing the momentum in the stock market. But some investors are very bullish about the company’s prospects in the Internet of Things (IoT), automotive cars, and big data.
The next quarter's results will be released after market close on September 06. Investors will be closely listening to the earnings call for more insights into the Cavium deal. It will help the company transition from storage to the data center business.
www.finstead.com
Origin Agritech (SEED) stock: is it still an opportunistic buy?Origin Agritech is an agricultural biotechnology company. It specializes in crop seed breeding in key crop-planting regions and genetic improvement activities in China.
The company has been working with various seed suppliers in China to integrate the company’s GMO traits with the seed varieties from other suppliers. It is in touch with the government for the commercialization of GMO technologies.
The stock has been on a roller coaster this year. It moved up 25 percent in March this year after the CEO's presentation of the company’s strategy to the SEED+Rural E-Commerce with Blockchain Technologies event. However, some investors are worried about the frequent change of management and also the lack of proper financial transparency.
www.finstead.com
$SEED follows Fib Origin Agritech Limited (SEED) stock is less risky Stock with beta figure of 0.55.
The stock is currently showing downward return of -24.44% throughout last week and witnessed bearish return of -24.53% in one month period. But we all know...what goes down, must come up! Looking to hit that first retracement line by early next week!
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
This just tells me to short the heck out of this stock til it falls off!
Blow off tops and why you should utilize stop lossesI posted about Seed a few weeks ago. I purchased on the double bottom (80 Cents) and rode it to about 1.35, when my stop loss got triggered.
Its important to incrementally increase your stop loss trigger as a stock like this takes off or goes parabolic. The correction is brutal and you will give back all your gains if not. (As the stock increased, I had a trailing stop loss about 5-15% below the market price.
I wanted seed to go to 2-5 dollars but still was able to make a good 55% ish gain over the course of a month, also be able to identify what a blowoff top looks like. That nastly candle at the top is when you get out.
Riding SEED wave again$SEED has been trading with decent volume and the ADL indicates a strong trend. Noticed a 10 day below/20 day above average pattern with the ADL(approximately). Just about to rise back above starting next week. I'm jumping in again at .77 and think this will ride up to a minimum .87 and praying for .97 by Wed. What do you think?