China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine piece tablets (TCMP) in China. The company offers advanced, fine, and regular TCMP products, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie,...
China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine piece tablets (TCMP) in China. The company offers advanced, fine, and regular TCMP products, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie,...
Technical Analysis (TA)
Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50
Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level.
Price Target
Entry: $2.15
Target 1: $3.38
China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine piece tablets (TCMP) in China. It offers advanced, fine, and regular TCMP products, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie, ChaoSuanZaoRen,...
So this is the name of the game for short squeezes… I’ve been scoping SXTC 2 months ago and I noticed the massive short float percentage which was at 23% now the short float % is at 5% bc those shorts are getting covered it's only a matter of time for SNDL AND QS TO pop so hold patiently when your playing short squeezes
A few key things to look for in this set...
$SXTC entry PTs 1.50-1.57-1.67 Target PT 5 and higher
BULLISH CYPHER PATTERN
RS Ratio: 1/04 on 2/22/2021
Wyckoff Re-accumulation after decline, between Support and Resistance levels
Influx of Volume
China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine...
NASDAQ:SXTC
Confirming W Formation.
W Formations only appear BELOW the 200 Day EMA
Start of possible uptrend.
M Formations only appear ABOVE the 200 Day EMA
Start of possible downtrend.
NASDAQ:SXTC
Seeing a nice W setup for this one. Already had it's first pop up to level one. Retracing nicely for a good buy in point. Wait for confirmation (price beats previous high) for safer trading action. Those who are less risk averse may want to get in sooner for better gains.
SXTC had a big pop on 7/16 that took it up and through its 786 fib line. After doing a retracement using last September's lows, this level has shown to be an important pivot over the last few months. Late last year it was resistance in December and heading into the new year. Earlier on this year, it was broken through with the 618 fib becoming a very high traffic...
SXTC =A statement has been released that the stock to remain listed on the nasdaq must remain above $ 1 by March 08, 2021 ....
If we see volumes ... something perhaps important here too ... it is occurring and will occur by March ... Let's see.
Price action is in front of the daily pivot point area, if and when price action breaks through it, we will have higher prices!! The daily chart is also showing positive territory is ahead!!
Hello,
What is SXTC?
China SXT Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine piece tablets (TCMP) in China. It offers advanced, fine, and regular TCMP products, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing,...
