I'm a big fan of the Tom Demarks 9 count, volume and Vumanchu Cypher B indicators. Everything happens in waves. Predicting bottoms is near impossible. Some stocks die and never come back.
BIOL is currently showing a 9 on the 1 year chart, a double 13 on the 1 month, triple 13s on the weekly. It has is a low market cap, compared to its revenue and all of its reverse stock splits have given it low free float stock of about 900K shares.
The low free float, increased volume, rounding cypher B have me excited about this one. I think short term we see a pump to $19 and a longer term swing trade we see it test $350-550.
BIOL is currently showing a 9 on the 1 year chart, a double 13 on the 1 month, triple 13s on the weekly. It has is a low market cap, compared to its revenue and all of its reverse stock splits have given it low free float stock of about 900K shares.
The low free float, increased volume, rounding cypher B have me excited about this one. I think short term we see a pump to $19 and a longer term swing trade we see it test $350-550.