Market insights
Potential double bottom.Just an idea, potential double bottom on .382 fib retracement.
Maybe descending triangle forming ?
Anchored VWAP from 07 low shows the lower deviation band has been an attractive buy in level.
Axogen, Inc. Announces Positive Topline Results from Phase 3AXGN: Axogen, Inc.
2022-05-04 16:01:00
Axogen, Inc. Announces Positive Topline Results from Phase 3 RECON(SM) Study for Avance® Nerve Graft
$AXGN can fall in the next daysContextual immersion trading strategy idea.
AxoGen provides surgical solutions for physical damage or transection to peripheral nerves.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $7,22;
stop-loss — $7,84.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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AXGN LongBeen watching AXGN for the past month. It has found a bottom @$14.50 and has begun to make higher highs. AXGN is currently UNDERVALUED and will quickly jump to $20.00 after breaking the $17.00 resistance.
AXGN - Trade setupThis stock is just getting crushed. If we break that pivot it's going lower, to the 100MA on the monthly chart.
AXGN LONG13 TD daily signal
.764 retrace
previous resistance as possible support
weekly almost oversold
tight sl
AXGN potential short trade / 10.00 % / 7.75 risk reward ratio.AXGN repeating it self, not being able to break, currently forming a reversal and might go down a lot.
Go long if a breakout occours, wait for a confirmed breakout* NASDAQ:AXGN
pennies to thoudands above cloud key ma biotech candidategreen bar after doji cci and percent r in top range get our book on amazon for reason why money flow and relative strength strong stoc crossed macd about to cross strong good volume strong group wait for good opening bar to enter
tight base and bollinger bands
