BNGO trading in a triangle with lower highs and higher lows
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BNGO has broken the trend and is consolidating inside this triangle with lower highs and higher lows. Who will win?
My bet is on the bulls. Lately a lot of positive news and academic results about the Saphyr machine have been coming out in rapid succession.
When the triangle trade is done (around end of next week), I expect a jump towardsd 18-20$. This stock is a long term hold.
My bet is on the bulls. Lately a lot of positive news and academic results about the Saphyr machine have been coming out in rapid succession.
When the triangle trade is done (around end of next week), I expect a jump towardsd 18-20$. This stock is a long term hold.
Anmerkung
Will catch up with the old trendline this week and break out above that.
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