This looks like a bear attack, today. Of course, only time will tell, but the stock hasn't had anything like this in the past, and volume suggests that someone wants to accumulate the stock at a price much cheaper than it has been.
We just broke below a technical pivot of $8.64, clearing the way for a new technical support at $8. Not what I was expecting to happen. Doesn't help that this is happening 5 days before the end of the quarter.
Have to disagree with you on this point. If one is to believe in the investment premise here (that Au will track the inflationary cycle ahead of us), then any investment will be good if you can get in before the inflationary cycle starts in earnest. We have seen and will continue to see exponential share price increases as the POG rises.
And a good day for us as the march has, until today, had its down days. Today, however, the price fought back to near break even, a very bullish sign as far as I'm concerned. No matter to me though, I'm fully locked and loaded. For those of you sitting on the fence, this might have been the last day to get shares below $9, and soon we will see prices north of $10/share.
Take a look at NVIV. They are the only publicly traded co that has a potential product for spinal cord injury. The current report of their INSPIRE study has been very positive and they will be applying for a HDE (Humanitarian Device Exemption) for their product some time in 2017. I don't think they will be denied and the market will respond very positively to a first-to-the-market surgical intervention for SCI patients. Given the timeline, there is plenty of time to start accumulating this.
Impressive stats and glad to have another knowledgeable voice here. I have spent more time in the market "learning the hard way" but have had some clear winners and am approaching my 2nd million in investment returns. If NEO plays out like I think it will, it will be the stock that I can retire on (not that it will be the last investment.) I have learned to stick with what I know (for the most part) and medical devices, services and industry are what I know best. I'm curious if you have some growth stocks you'd like to share, I will be happy to discuss mine as well, either here or via another forum.
Technical breakouts are just that, a breakaway from an established path of either gains or losses.
We have now had two weeks of up-channel pressure, and this could continue for some time and that would be just fine with me. The longer the price pushes the channel up, the bigger the breakout will be. It's what old stock junkies like me call "winding the clock".
Nothing cooking, this is the march. I suspect that the volume bump occurred because of the Zack's article (the second since the last CC) reminding the street that upward movement in earnings estimates have been registered. We still haven't had a technical breakout yet, and it appears that $9 has become a near-term resistance level (twice this week). The upside is that the march has pushed us upwards and the breakout will be bigger. Next week may (or may not) bring the technical breakout, now looking like anything above $10 on volume (or bigger than 10% of the days' share value) and once the breakout occurs, resistance will be in the $13-15 range. Hold on folks, the ride has just started.
I appreciate your input. I've accumulated since 2007 and had a DCA of $1.70 until the Clarient purchase. I've continued to buy up until March and this is my biggest single position. Not only is the short-term looking good for NEO, they have been spot on with mgmt's strategies, quiet as a mouse with regard to public pumping, and ANY improvement in CMS reimbursement will send this flying. Clarient was a real coup; they are now positioned to become the biggest specialty genetics testing co. in the market.
That's sad news. We were internet friends for at least 10 years, from way back in the Minera Andes days. A friend of Dflawed. Brian, you still out there?
Looking at some technical indicators the last couple of days and have found some encouraging signs from a technical standpoint. In addition to two weeks of higher highs and higher lows, a channel price analysis indicates that we are bumping up against a channel ceiling. There is also a green Ichimoku cloud (just learned what that was yesterday) projected well into June. I can't find a good technical analysis that will tell me about breakout (yet) but the behavior of the stock suggests that we are closing in on upper level resistance and will break out to the $9-11 range, consolidate between $10-12 and be ready for the next Q CC.
Behavioral scientist by training, neuropsychologist by profession, with applied behavior analysis as part of that work. Stocks "behave" and I've observed the behavior for more than 20 years. I am quite confident of my observations.
Appears to have started this week. I am an analyst of behavior and stock trading behavior is telling me that we are now moving forward in a solid, predictable manner that is not momentum-related. The behavior here indicates that we will move to new highs and then hold them. After reading the transcript of the last CC, I am quite confident that we will see another upside surprise. After that, the momentum play might start, but even then, I suspect that the share value will hold quite well.
This is what all of us old timers have been waiting for, See you all in a year at $30-40/share.
Just goes to show how much competition there is in this space. That said, NEO has a great customer base for marketing their liquid biopsy test, so if it's got good sensitivity and specificity, it will do well.