Applied DNA Sciences, Inc.
לונג

APDN Long Opportunity

72
Multiple Bullish Drivers and rationale here:
Potential Earnings Surprise in under 2 weeks
PPS has fallen dramatically, and bounced on the topside of the establish "Inherent Value Channel", before being pushed to the bottom half of the channel on a secondary offering, which should show plenty of available cash Pro Forma on the 10K.
Company is in a strong growth mode, cash from last offering seemed more than needed for "normal operations". Potentially something big in the winds? Acquisition/expansion/major contract?

Seems like this ticker had a period of channel trading, which was followed by a major uptick in volume, then a short attack. Now the PPS is settling back into the bottom of its normal trading channel. Ripe for a long position.


כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.