Bullboard - Stock Discussion Forum Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery... see more

Add To Watchlist

CSE:SONA - Post Discussion

Sona Nanotech Inc > Technically speaking

View:

Post by MrPubNight on Aug 11, 2020 10:53am

Technically speaking

While it is fun to listen to all this unsubstantiated conjecture technically things are looking as they should.

From the big pull-back we had a Fib retracement to 61.8 pausing at 50 along the way. And now from the recent recovery we're seeing a retracement aligning well with the 38.2 Fib. Depending on how things shake out today we could see a further drop on the way to $9.16 assuming this selling has legs, or we could see strength come back into the stock and we settle back up towards the $10.50 area. I don't think we'll see a recovery all the way back up to $11.31.

Left Fibonacci is the big pull back, the right is for the recovery.

347

Comment

Comment by Devious66 on Aug 11, 2020 11:02am

I can't wait to sell my shares at 150, 200 and 500 haha. Pull back all it wants , end result is gonna be amazing

101

Comment

Comment by MrPubNight on Aug 11, 2020 11:06am

Sorry, the image didn't show up. I will also disclose that I'm not holding any shares. I've been watching this since the $14 days and determining if I want to get in or not.

193

Comment

Sona Nanotech Inc