Recently, a litany of institutions have been reinstating mask mandates amidst a summer surge of Covid cases due to the Eris variant spread. These mask mandates may be a major catalyst for mask manufacturers. One of the mask manufacturers that stand to benefit from these mandates is NovaBay Pharmaceuticals, Inc. (NYSE: NBY) which has a history of running on...
NovaBay Pharmaceuticals, Inc. (NBY) owns Avenova, which is EPA listed as an effective disinfectant for monkeypox. On 5/20/2022 Ascendiant Capital Markets brokerage set a price target of $4.00 for NovaBay Pharmaceuticals, Inc. (NBY). The stock is now only 0.20usd. Before the pandemic news, on their last earnings, they mentioned that Avenova Spray unit sales...
The company's stock is in the consolidation stage strongly The stock is now buy I do not recommend Stop Loss because you will be taken out by the market makers I cannot say more details about my strategy as it is very confidential
$NBY with daily Cup/Handle and Golden Cross. Possible PT of $2.44 This is not advice
If trends continues they'll be some good thick candles to scalp off their wic. Gotta keep an eye on this one :)
NovaBay Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in developing products for the eye care market. Its products include Avenova, NeutroPhase, and CelleRx. The company was founded by Ramin Najafi on January 19, 2000 and is headquartered in Emeryville, CA.
The Longterm Downtrend appears to be closing, bottomed in May, double bottom is in and a Golden Cross is very close on the daily chart. Shallow Uptrend is in play, we should hopefully see some strong action coming into May 2021. Hopefully those holding longterm should get some relief. Swing Traders may want to "LOCK AND LOAD". Cheers! *Legal disclaimer:...
NBY Novabay bullish pattern has been setting up coming into earnings. Looks even better on the 4 hour time frame. This is the 1 hour chart here.
*The company have a gap to $4.70. *Advantage of he company now is : Stock price is above the SMA 200. (If the price have a spike now , it have more chance of gap up to $4.70 *Is a slow moving stock but very volatil. * I think the company only will need the Nasdaq Comply of staying above $1. ***Remember*** This is only my Idea, don't buy or sell because of my...
Please note: just sharing my view. its not a recommendation for buying or selling.
Descending triangle on descending volume 200MA pointing south = bearish PPS below 50MA = Bearish RSI250 under 50 = bearish If confirmed: PT = 0,3549$