Biolase is in an interesting spot. They were recently awarded a 2023 best employer work place award and are about to announce their annual earnings in March. The Pre-audited numbers look good. Separately from technical chart perspective it has a history of retesting prior cycle support. The left chart showcases prior monthly lows being retested. The current...
I'm a big fan of the Tom Demarks 9 count, volume and Vumanchu Cypher B indicators. Everything happens in waves. Predicting bottoms is near impossible. Some stocks die and never come back. BIOL is currently showing a 9 on the 1 year chart, a double 13 on the 1 month, triple 13s on the weekly. It has is a low market cap, compared to its revenue and all of its...
BIOL had a triple top in late July so this is a logical long target at 8,0, With earnings in less than two days, volumes above the mean in the past couple of days and a decent price-volume product trend coupled with a Price Monetum Oscillator without any signs of topping out in a momentum stall or fade. I see this as a long pre-earnings play with about 12%...
Waiting for #BIOLASE #BIOL #NDAQ #NASDAQ NOT INVESTMENT OR FINANCIAL Advice!
BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures,...
Bullish ALT Bat Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
Biol is Not out of the woods yet I am hoping for continued strength after finding a potential bottom.
Upon further examination I now find Biol in a falling wedge ready to Breakout $.75 cent first target then up the ladder, and pick axes tend to bring big moves.
I expect Biol to go on a run to $2 dollars. strong consolidation
Strong POTENTIAL REVERSAL ZONE of two Bullish Bat Waiting for Break of Trend line with RSI ABOVE 30 BUY
$BIOL - 2021 Second Quarter Operating Highlights (all comparisons are on a year-over-year basis unless specified otherwise): This is now 3 consecutive Q's of growth back to back: Net revenue grew 211% to $9.1 million: Over 70% of U.S. laser sales came from new customers, continuing a positive trend Over 35% of U.S. Waterlase sales came from dental...
Lets see if support can hold here... If not... I expect a bottom... not advise to buy or sell
Downtrend looks to be broken following pump after substantive news. Bullish flag suggests we are at current bottom
Idea only not professional advice BIOLASE Reports 70% Revenue Growth In First Quarter 2021; Continued High Demand From New Users For Dental Lasers. 2021 First Quarter Operating Highlights (all comparisons are on a year over year basis): Net revenue grew 70% to $8.1 million with: Laser system sales increased 139% Consumables and other revenue increased...
Cooling off happening today... Monday should be interesting... manage risks