BCAB
STRO a biotech startup flips into positive earnings LONGSTRO on a 240 minute chart got trader interest out of earnings that were projected to be net
cash outflow into reported actual earnings. This is a remarkable turnaround. The RSI lines
surged. The predictive algorithm which relies on a lookback of the regression line for analysis
toward the future forecasts a move up much higher. I will take a long trade here seeking 50-60%
in a month although the forecast is for a doubling.
BCAB post earnings is set up LONGBCAB a medical technology penny stock had a good beat on earnings. This means the cash
burn was only 70% of what was expected. On the strength of that traders reached. The
indicators suggest more upside including RSI lines crossing over the 50 level and the MACD
lines bouncing up on the approach to the zero horizontal line. The supply and demand curves
crossed. The Luxalgo predictive algorithm doing a pattern lookback analysis has a trend up.
I will take a long trade here attempting to get a good piece of the move for realized profit.
