It appears that 
STIM is in a bullish flag pattern. It is at a relatively excellent spot to begin a speculative position. The stop loss, I feel, should be around 2.98 - 3.00 which is about 11% or so to the downside. Optimally one would do better to get as close to the $3.00 mark as possible , which is doable since the stock has been in a relatively tight range for the past 13 days. I emphasize the word "relatively" in this post. For the upside, I think t would likely test the upper limits of this flag pattern, around $4.40, or ~30% higher. However, if this does beak the flag pattern to the upside, the measured move of this stock should be ~$5.30 from the base of the flag, which would put it around $8.30 or so. I feel this could happen, given the added boost of acquiring Greenbrook clinics last year. STIM is expecting an increase of 58%EPS this year and is operating with a gross margin of 53%..This is a low float stock with only 40 million shares in the float, 12% of that is held short. Also of note.about $260,000 of Feb 5c calls traded near the ask today, so there is someone out there that also thinks this stock can go much higher. I would be long.
STIM is in a bullish flag pattern. It is at a relatively excellent spot to begin a speculative position. The stop loss, I feel, should be around 2.98 - 3.00 which is about 11% or so to the downside. Optimally one would do better to get as close to the $3.00 mark as possible , which is doable since the stock has been in a relatively tight range for the past 13 days. I emphasize the word "relatively" in this post. For the upside, I think t would likely test the upper limits of this flag pattern, around $4.40, or ~30% higher. However, if this does beak the flag pattern to the upside, the measured move of this stock should be ~$5.30 from the base of the flag, which would put it around $8.30 or so. I feel this could happen, given the added boost of acquiring Greenbrook clinics last year. STIM is expecting an increase of 58%EPS this year and is operating with a gross margin of 53%..This is a low float stock with only 40 million shares in the float, 12% of that is held short. Also of note.about $260,000 of Feb 5c calls traded near the ask today, so there is someone out there that also thinks this stock can go much higher. I would be long.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.