in buy zone around 10.10, target 11.67. stop loss 9.40 r/r 2.29
CODX was bound to fill the gap. Now it should resume its trajectory upward.
CODX has retested the 15 level as of last week which was the previous breakout level. After a breakout price generally comes back to test previouls support. This has retested and remounted over support showing bullishness. I believe this can go back to the most recent highs of the 20 range.
It went way to up and had to come down. We should catch it at former level. All we need is some luck.
Hello trader people, this is an interesting stock, if you look at the pattern it is very like a SPAC in the way it has shot up and then come back down again, it traded in a descending channel after the spike and in this analysis of mine I am saying it has found it's trading level and ie ready to begin it's ascent again. Shorts will have moved onto other stocks and...
CODX has 2 targets!! Target#1 is for Inverse Head And Shoulders. Target#2 is for Truncated ZZ.
I am playing an EMA play on this one, looking for the 10 EMA to cross the 100 and the 200 and looking for the 100 EMA to cross the 200 EMA. After a downtrend now looking to make higher highs and higher lows, wait for confirmation, hate to see this one fail. BTW, after this maniac Reddit stuff, be aware the stocks might not hold supports, etc, retail investors are...
MID-TERM: High risk high reward but the risk management is clear. Inverse head and shoulders, off the demand line of a right angled descending broadening wedge. (Not financial advice)
Not for any recommendation, Just an Idea,
Price is in monthly demand, and weekly demand, daily confirmation given
we have some time before we reach my "perfect" buy zone so ill set an alert and come back to this one because it has massive upside potential coming off an impulsive looking structure to the upside thanks for your time guys and gals rigo
Co-Diagnostics Wins Regulatory Approval to Sell COVID-19 Tests in Europe! Nov 17MT Newswires: Co-Diagnostics (CODX) said it has received regulatory authorization to sell its Logix Smart ABC and SARS-CoV-2 multiplex tests for the diagnosis of COVID-19 in markets that accept CE markings. The indicators are looking bullish on lower timeframes, which can mean a...
So far support has held and CODX may still be bullish... However, it was a bullish day on lackluster earnings. Look to see if support holds and we'll see if the stock can break through the 100 MA. After 100 MA it should have smooth sailing to 19+. I have a feeling that a bullish opening will tomorrow the market will runup to the 100 MA and quickly retreat... But...
dont buy this pump and dump. better longs. looks like a decent entry for some puts here imo. leave a like ! thank you <3