Zomedica Corp., a development stage veterinary diagnostic and pharmaceutical company, engages in the discovery, development, and commercialization of pharmaceuticals for the companion pet. Its lead drug product candidate is ZM-007, an oral suspension formulation of metronidazole for the treatment of acute diarrhea in small dog breeds and puppies. The company is...
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I put my mask on November 2020
support a broke investor tryna change his life.....
Charlie Munger is my Father.
Buffet is my drunk uncle...
I'm no expert but I'm pretty sure that is a decent falling wedge. Today's candle topped (so far) right at it as well. If this breaks up, it can definitely run. There are a lot of bag holders out there super frustrated and waiting for something to happen.
MACD is still bearish but once that and RSI show some signs of reversal, we might be onto something.
$zom
ZOM is interesting since through out the pandemic, people wanted to find ways to make money at home. That's why we had stories from Hertz, DOGE, GME, AMC, and more, but some of these investors found r/PennyStocks. I could list alot of hot names like NNDM, IDEX, XSPA, and more, but we are here to talk about ZOM yet its good to know what kind of investors are...
Hey ZOM fans.
My trailing stop was stopped out at above 90 cents on the short. The 4-hour candle broke the trend line.
This is not a bad thing as a took a position long because the candle close and momentum all went long this afternoon.
As you can see from the 4hr chart it is looking good. The monthly is not as good as there could be a potential downside.
No...
Possible breakout coming.
A retest on support is possible.
Risky swing trade with high reward.
Volume and RSI look good.
IF the 20MA can cross over the 50MA, it increases the likelihood of a bullish push.
First PT of 1.3
DYOR.
Not financial advice.
Zomedica shares have finally caught up with that previous $1 breakout zone, and they are likely to bounce up strong out of it. We see a break in the resistance and a bounce out of an important volume zone. In addition, it is at the bottom of the RSI and the MACD appears bullish. Good Luck!
Clearly we see bunch of unidentified lines, rest assure, its all the supports and resistance at all angles, the idea is for you not to know what's going on (unless you're expert on this too), nevertheless, Head shoulder formation is about done, and we can see a move up from the bull flag, also of course in the 4 hour time frame, we have a green bullish divergence,...
Hello traders and investors! Let’s talk about ZOM today!
ZOM lost the most important support level at $ 1.48, as we discussed in our last study ( link below this post), and when this happens, it’ll just head to the next support level.
This is a shame, as if ZOM reacted, it could’ve given a very interesting trade for us, but unfortunately it didn’t react....
With the fib extensions, the price matches up perfectly with the bearish butterfly pattern at .76 cents.
One can take this as a great entry point. This will only last a few more days if this plays out as advertised.
I have a short position myself covering at .79 cents.
Not financial advice.
I do like the company and the future looks good. Going long after...
Barrish butterfly. Two death crosses = the 20 MA and 50 MA going below the 200 MA on the 4 hours today. Wait to enter after the pattern is complete.
In a short position myself. Not financial advice.
Lower lows flagged.
i like the slightly higher low recently double bottoming at the previous highs, as well as those two wicks. looking the weekly though this is kinda a zone and if this doesn't hold maybe .90 incoming
