Home > Boards > US Listed > Medical - Equipment > Align Technology (ALGN)

Align Technology $ALGN Has Been Hammered, Here Is

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
ITMS Member Profile
Member Level 
Followed By 44
Posts 1,639
Boards Moderated 1
Alias Born 10/13/09
160x600 placeholder
Align Technology’s Invisalign Brand to Become Official Smile Partner of The Golden State Warriors, Santa Cruz Warriors, and... GlobeNewswire Inc. - 2/25/2021 8:30:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/24/2021 5:39:32 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/24/2021 5:37:50 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/24/2021 5:35:33 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/24/2021 5:35:16 PM
Align Technology to Speak at an Upcoming Financial Conference GlobeNewswire Inc. - 2/18/2021 6:30:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/16/2021 6:44:04 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/11/2021 4:17:05 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/3/2021 4:00:55 PM
Align Technology Announces Record Fourth Quarter and Fiscal 2020 Financial Results GlobeNewswire Inc. - 2/3/2021 4:00:00 PM
Align Technology Announces Commercial Availability of Invisalign® G8 With New SmartForce® Aligner Activation Features Globa... GlobeNewswire Inc. - 2/3/2021 4:00:00 PM
Align Technology Announces the iTero Element Plus Series Next Generation of Scanners and Imaging Systems GlobeNewswire Inc. - 2/3/2021 4:00:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 1/29/2021 6:11:35 AM
Align Technology Establishes New Global Corporate Headquarters in Tempe, Arizona GlobeNewswire Inc. - 1/20/2021 8:30:00 AM
Align Technology to Announce Fourth Quarter and 2020 Results on February 3, 2021 GlobeNewswire Inc. - 1/4/2021 8:30:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/30/2020 6:42:03 PM
Align Technology to Speak at Upcoming Financial Conferences GlobeNewswire Inc. - 11/25/2020 4:00:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/24/2020 5:59:45 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/23/2020 8:01:09 AM
Align Technology Hosts 2020 Virtual Investor Day GlobeNewswire Inc. - 11/23/2020 8:00:00 AM
Align Technology to Host Virtual Investor Day on November 23, 2020 GlobeNewswire Inc. - 11/18/2020 4:45:00 PM
International Trade Commission Reverses ALJ Finding That 3Shape Indirectly Infringes Align Patents GlobeNewswire Inc. - 11/18/2020 4:00:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/6/2020 6:36:28 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/5/2020 6:56:45 PM
Align Technology to Award Research Programs Advancing Orthodontic and Dental Patient Care GlobeNewswire Inc. - 11/2/2020 5:00:00 PM
ITMS Member Level  Wednesday, 08/21/19 01:07:12 PM
Re: None
Post # of 54 
Align Technology $ALGN Has Been Hammered, Here Is The Trade Level

Late last month, leading clear aligner therapy stock, Align Technology (NASDAQ:ALGN), was hammered lower after reporting earnings that disappointed the street. The stock actually peaked out in September 2018 at $398.87 a share. It then made a lower high on the daily chart on May 15, 2019 at $334.64 a share. The stock is currently trading at $176.00 a share, but it remains in a weak technical position on the charts. The stock is now trading below its 200-week moving average which is a near term negative for the stock price. While the stock is currently oversold it is still signaling further downside before a solid bottom is formed. The one level that has caught my eye in the stock is around the $138.00 area. This level is where the stock actually broke out in May 2017. As you all know by now, I really like pullbacks into past break-out levels as institutions will generally support the equity around this area. Please note, ALGN stock generally trades less than 1 million shares a day, so it is always vulnerable to overshoot levels.




Nicholas Santiago
InTheMoneyStocks




Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences