I zoomed all the way out to the monthly chart to show the long-term support levels. We can see that HBIO is bouncing higher from a multi-year support level in the $2 range. The MACD (middle of the chart) didn't confirm an upward trend yet. However, the MACD did confirm the upward trend on the weekly chart. It looks like the blue monthly MACD line is close to...
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 green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
$HBIO has a big retracement and is coming back up I believe we are coming into the 3rd wave which I did the extension to the 1 which is 8.58 using 0-1 extension with 2 as bottom. Could dip more to $5.10 where it can be another area to add more on long position.
I didn't plan out the 4 and 5 cause I want to just ride it with the 3rd wave.
$HBIO has a big retracement and is coming back up I believe we are coming into the 3rd wave which I did the extension to the 1 which is 8.58 using 0-1 extension with 2 as bottom. It can also dip a bit more to the 5$ where could be another level to add more.
didn't plan out the 4 and 5 cause I want to just ride it with the 3rd wave.
Bullish Flag (40%)
Pros:
Volume during post
Descending volume during flag
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 18, high
ATR ascending
250RSI above 50
200MA ascending
Target:
PT = 9.05$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do you own Due dilligence. This is not financial...
Breaking through the double top barrier, HBIO is now gathering support around the previous resistance level. The stock has been in a steady accumulation stage with a strong uptrend and increasing volume. The strong uptrend should continue. The Benchmark Company has also changed their status from a Speculative Buy to a Buy, as of today. There is enough volume to...
Contextual immersion trading strategy idea.
Harvard Bioscience, Inc. provides scientific instruments, systems, software, and services used in life science basic research, drug discovery, and clinical and environmental testing.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price...
relative strength strong/see in our book on amazon why important/cci and percent rising/adx in start of good trend/ stop loss in cloud on close/ diversify with groups and shorts
excellent money flow
good relative strength get our book for money management and diversification rules
cci and per r upper band
soon coming out of cloud
good volume
macd crossing
