GHSI perfect symmetrical triangle pattern.

2020年7月25日

I'm not a big fan of this stock but I went in because of the clear triangle pattern emerged from this stock. ADX/DI, MACD, BB are in favorable signals.Thus, I'm going to do a pure TA play with AH exit strategy. The stock can go up between 50% and 70% but I'm only aiming 50% or less depending on the volume.
Rumor in StockTwits is that NASDAQ:GHSIis planning a merger.

"Mr. Schmidt has extensive experience in public capital markets and mergers and acquisitions, and is expected to provide significant input and guidance to the Company’s ongoing efforts in these areas."

Reference: finance.yahoo.com/news/guardion-health-sciences-adds-experienced-123010478.html

Target exit: $0.66 range
Alert: $0.60

Float: 72.63M
Quick Ratio: 11.38
EPS Q/Q: 52%

Long: 2300
Average Price: $0.4630
Cost basis: $1,006