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Bullboard - Stock Discussion Forum StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s):  SZLSF

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is engaged in improving the early detection and management of cancer and other chronic diseases through diagnostics and telehealth programs that provide clinical interventions to assist patients who have cancer (COC Protocol), and help patients reduce the risk of developing late-stage disease... see more

TSX:SZLS - Post Discussion

StageZero Life Sciences Ltd > For long players only :-)
View:
Post by MarketMoney on Feb 27, 2021 12:19pm

For long players only :-)

If you like technical data have a look at theses:

Since mid 2019, the monthly volume is in a positive uptrend with a 45 degre angle trendline...this stock is become a hot stock to attract daytraders and more daytraders you attract and more shorters will get burned in a weekly stage 2 as the strenght to trigger buy stop-limits increased when more daytraders join to a wave. 

Monthly RSI since 2015 after 6 years of consolidation got finally a breakout and strongly supported by significantly volume buidup meaning the long lasting selling is done! Yes you read correctly it has been 6 years of mostly selling pressure!

The monthly MACD (moving average convergence divergence) for 6 years slowly flaten without any noticeable swing in divergence to reach 0.0, which says to me we have been consolidating for 6 years now. No bullish or bearish times for that period. Now we are bullish :-)

So with all this data for this stock tells me this is ready for a nice long run now. SZLS is so mature that it only needs a little push and we are set for a nice long ride.

Now if you stress on a red day, just go relax and have a beer, you can't go up on every day :-) If you don't like swing movement, have 2 beers instead, the movement will look less scary ;-)

Have a great and safe day!

Comment by LithLover on Feb 27, 2021 12:28pm
Additional covid funding coming in mid March and Aristotle anytime in March.  Now technical analysis lining up. We have the trifecta. 
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