NASDAQ:AQB AquaBounty Technologies Inc
entry PT 2.20-ish
Target PTs 6 --> 8.20 --> 12.70 - 23 and higher
AquaBounty Technologies, Inc., a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada. It engages in genetic, genomic, and fish health and nutrition research activities. The company...
anyone think this company will go bankrupt/close down or be bought by another company? big insider sell 10% when the stock is at its lowest level. What tools could you use to track their selling/trading of IP?
Anyone have any thoughts as to this stocks actual real value with regards to its debt levels and ability to sell its fish? I am trying to learn about understanding underlying value of companies that are currently performing poorly or have no income.
It appears to have been falling for a long time. However, it is now in a descending and contracting triangle. I believe it should break its direction upwards.
-Practicing technical analysis charting.
-Good luck.
Controversial topic, but from my understanding,
1. the study took 15+ years with geno-type patent. others are just a great story.
2. this still in down trend tho
AquaBounty Technologies, Inc., a biotechnology company, focuses on improving productivity in the commercial aquaculture industry in the United States and Canada. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts
AQB seems to form a triangle (if it doesn't break out off the previous high). If it falls to the edge of the triangle and bounce, add more position. ARK Cathie bought 16M shares so she should take good care of her money (see my previous idea). Most of Cathie's picks are up (CSTL, CRSP, CDNA, EXAS, TDOC...) . AQB is just in the beginning stage. Lots of room.
If...
AQB seems to reach the bottom and on its way up. Look like it is in an Elliott correction wave. Even if it drops it should be back up again since it should already pass the lowest point. 4 hr RSI does not reach overbought yet. ARK Cathie bought 8M shares twice at average $5.58 & $8.75. Under these conditions the bull should be on.
If you liked this trading...
AquaBounty (AQB) NASDAQ:AQB
AquaBounty is a company that deals currently in aquaculture services, specializing in the farming of bioengineered Atlantic salmon that can grow to market size faster than what the conventional market offers.
The appeal in ABQ is clear. As global natural salmon production decreases due to environmental constraints put upon by...
One of my favorite methods of analysis is the correlation study!
here you can see a correlation study of AQB vs BNGO. When you look at this comparison it is easier to understand. I did another on Tesla vs crisper, as well.
AQB was in the ARK investment portfolio and all over social media..! But they recently dumped it and sold most of it.
BNGO has never been in...
Ok look at the 2 rectangles, AQB is doing the exact same thing it did before. So it will test the resistance above then trace back down ... and probably another cycle will repeat.
It is supported at its 50 days EMA.(if open with down gap, do not enter the trade!)
Potential gain:15%
Reward/Risk:2.5
Timeframe: 1wk
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and...
NASDAQ:AQB
Hit our first profit target of $12.
I think the WSB stonks have been a distraction and has put FUD into the market. For AQB, we need to find support at the SMA50, while watching the RSI. If we can consolidate here and get a cross on the MACD, I see another run up to $15 - $17 in the near future.
Target #1 - $15.
Target #2 - $17.
Thoughts? LFG!
AQB seems to be posting a pretty solid HAS pattern. The right shoulder has yet to really play out, but it looks inevitable. Assuming the HAS pattern does play out fully, I'm expecting AQB to ultimately test a support around $6.90, and maybe even as low as $5.90. As always, Only Time Will Tell. *NFA
Potential gain:+100%
Reward/Risk:5
Timeframe: 6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
Don't forget to like, comment, and Follow to...
