Berkeley Lights has been trading in a uptrend channel ever since they lunched their IPO. Yesterday BLI touched 4 hour demand and bounced back up. It also formed a bullish divergence on 1h, 2h, and 3h chart. Short term can be capitalized on the gap fill once we get a breakout over the 86 mark for a clean move to 87.5. Long term, I am interested in taking equity in BLI with a profit target in the low 100's.
*The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.*
*The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.*