Another bloody day for the whole sector. If it closes on a C wave, i'm adding more. The C wave is on 21 weekly EMA, that's 6.33$
I don't see any Institutional ownership sell off's on Fintel, and the volume is relatively small. ( we won't see any institutional purchases until the earnings call)
CFO stated that 8k release date and conference call will be announced in less than 1 week.
While it’s impossible to know if BNGO’s share price will jump, dump, or flatline once earnings are announced and statements are made, but for now i think it's a good entry to carefully averaging in, and follow the price action as well as the whole situation in the market.
Best of luck!
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