This is a corporate action where a company reduces the number of its outstanding shares and simultaneously increases the price of each share proportionally. For example, in a 1-for-10 reverse split, if you held 100 shares priced at $1 each, after the split, you would hold 10 shares priced at $10 each. The overall value of your holdings doesn’t change immediately...
Impulse down with correlating indicators.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than...
premarket is below the 3.68$ level, if we opened the market below it , we going to test our support above the 2.60$+, if we opened above 3.68+, we make it our support and we going to see a test for the 6$+, and the 9$+.
NASDAQ:APDN
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
the low last time APDN dumped in late 2020 was 5 dollars, this time it was 5.5, creating a higher low which is always a good sign for dip buyers. still decent risk reward if we enter at 6.6 stop loss 5 price target 13 for a longterm swing play. My only warning would be to try to sell most whenever it gets back to 12-14 range. it doesn't hold highs for long!...
$APDN, What a nice chart, Flag Pole and that too Pole is setting up nice uptrend towards $20.. I don't remember the last stock I had seen such a chart but it gave an excellent breakout. Lets hope the earnings today won't be disappointing.
Applied DNA Sciences Inc (NASDAQ:APDN) is one for the bottom pickers. The stock appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in the short-term and I expect a move past 6.50 to take the stock towards the target of 8 with a stop-loss at 4.95. The stock seems to be undervalued at current levels IMO
Applied DNA Signs New Contract with U.S. Defense Logistics Agency
Applied DNA Sciences, Inc. develops and markets DNA-based technology solutions for use in the nucleic acid-based in vitro diagnostics and preclinical nucleic-acid based drug development and manufacturing markets; and for supply chain security, anti-counterfeiting, and anti-theft technology purposes...
Applied DNA Sciences, Inc. develops and markets DNA-based technology solutions for use in the nucleic acid-based in vitro diagnostics and preclinical nucleic-acid-based drug development and manufacturing markets; and for supply chain security, anti-counterfeiting, and anti-theft technology purposes applications in the United States, Europe, and Asia.
Stock had an initial move, pulled back and consolidated. It moved back to highs and put in a lower high after this second move. With a 73m Market Cap and just below 5m Shares Float, this could get moving above 11 again and move higher on the break of the recent highs. I'd like to see more volume and start getting some float rotation.
U.S. FDA Lists Applied DNA’s Linea™ COVID-19 Assay Kit as 1 of Only 2 EUA-Authorized Tests Able to Detect S-Gene Mutation Found in SARS-CoV-2 U.K. Variant (B.1.1.7)
(FDA) published a safety communication (the "Communication") that identifies the Company’s Linea™ COVID-19 Assay Kit (the "Assay Kit") as one of only two tests marketed under the FDA’s Emergency Use...
Looking for support to present itself intraday next week and then a trend reversal on the lower timeframe (5min).
Once we begin to put in higher lows and we are back above VWAP and $11.50 that's when I will look to enter the trade
Hi I will be updating in the comments where I believe the direction of the market for “APDN” All these updates will be my thoughts and for educational purposes. Feel free to add your one own thoughts to help the community on the comments below. Thank you.
APDN was recently given an RS (relative price strength) rating of 93 out of 99. I have also noticed some insider buying as late as June. This company makes testing kits for COVID-19.
looking at the way majority have traded this stock previously, it will gap up but then slowly come back down today. I will preferably wait for the stock to comeback down to $8 range again before i buy this stock. I do believe the stock has potential to reach $19 this year.
