I have the feeling that Bionano Genomics ($BNGO) is not bullish on the daily timeframe. We can see less volume and the MACD is about to cross down.
But everything is possible! A great news ($ARK buying shares) can overturn the current market situation...
What's your opinion on this? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
But everything is possible! A great news ($ARK buying shares) can overturn the current market situation...
What's your opinion on this? Your comments are welcome.
##############
Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.