BONEX - Trending independently from the market

BONEX has drawn its own trend independent of the market.
The possible buy area we determined is on the chart.

Caution: A stock has risen slowly but without correction
Note: It may not make sense to chase counter trades in such a strong trend.
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An interesting point to note: in 2024, there has been significant insider trading activity, particularly from the company's CEO, all of which involves stock sales. The CEO holds a substantial amount of stock, yet the stock price continues to rise. This is a low-volume stock with volatile movements—essentially, a ticking time bomb.
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Bonex is a research company that has shown steady improvement in its financial performance over the past five years. However, the biggest concern is its lack of cash reserves, as the company continues to operate at a loss. On a positive note, if the current pace of improvement continues, it is expected to generate positive cash flow for the first time in 2025
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The company has an impressive gross margin of 90%, but its net margin is only 10%, which highlights a significant discrepancy. If operational expenses can be reduced, the company has strong growth potential.
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New Opportunity
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Bingo again.
NOte that very dangerous trade at that level.
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Chart PatternsHarmonic PatternsTrend Analysis

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