Just an idea, potential double bottom on .382 fib retracement.
Maybe descending triangle forming ?
Anchored VWAP from 07 low shows the lower deviation band has been an attractive buy in level.
Contextual immersion trading strategy idea.
AxoGen provides surgical solutions for physical damage or transection to peripheral nerves.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $7,22;
stop-loss — $7,84.
Information about...
Been watching AXGN for the past month. It has found a bottom @$14.50 and has begun to make higher highs. AXGN is currently UNDERVALUED and will quickly jump to $20.00 after breaking the $17.00 resistance.
AXGN repeating it self, not being able to break, currently forming a reversal and might go down a lot.
Go long if a breakout occours, wait for a confirmed breakout* NASDAQ:AXGN
