Gap fill would also mean a breakout from the downtrend so lots of upward potential there.
Hold back 1/2 cash just in case they gap it up
Last spike resulted in the same crash. News not that great and company is losing money big time. Read into it 6 months ago, don't have time to post the detail. 17 million shares outstanding as of May.7
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Buy the GREEN box & Sell the RED box on NASDAQ: $CODX!
CODX.... the nature of WADGE LOW are more more return money ...
CODX's price is downward. Expectedly, an ABC wavelength waveform may result in a larger decrease. The total wavelength decreasing structure may be of 2xD1 ATR size. The target price of the decreasing wave structure is 0.75 usd level environment.
CODX Very big volume yesterday but the price respected the resistance of its IPO price of $6 (www.nasdaq.com) Difficult to predict how it is going to move today. If it starts rallying at the bell, it might go up to 6.50 again and offer an opportunity for 30-40c gain.