Update: iSpecimen ISPC Bottom or Fake out?

ISPC

iSpecimen ISPC ran over 200% after our alert on November 22nd but as...

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iSpecimen ISPC ran over 200% after our alert on November 22nd but as expected after an epic run like that, it will pull back. Since that 200% gain, ISPC has retraced to $5.39 just $.50 higher than what is was trading before the November explosion. It is official iSpecimen has fully retraced and could be ready for it’s next move up.

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ISPC

iSpecimen ISPC announced last week, “the expansion of its supplier capabilities with the addition of a reference lab in New York to support commercial and government customers focused on COVID-19 research, including analyzing the Omicron and Delta variants.” However, before we get started, let’s review some basic information on this company.

iSpecimen Company Summary

Company Name:  iSpecimen

Ticker: ISPC

Exchange: NASDAQ

Website: https://www.ispecimen.com/

ISPC Company Summary

iSpecimen offers an online marketplace for human biospecimens, connecting life scientists in commercial and non-profit organizations with healthcare providers that have access to patients and specimens needed for medical discovery. Proprietary, cloud-based technology enables scientists to intuitively search for specimens and patients across a federated partner network of hospitals, labs, biobanks, blood centers, and other healthcare organizations. 

LVGI News

Jan. 13, 2022

Announced the expansion of its supplier capabilities with the addition of a reference lab in New York to support commercial and government customers focused on COVID-19 research, including analyzing the Omicron and Delta variants.

The reference lab, a recent addition to the iSpecimen supplier network, has the capacity to sequence hundreds of COVID-19 positive swabs per week, providing data that is crucial in the fight against the virus. This lab is sequencing the most recent swabs to identify new variants of COVID-19 as the virus continues to progress globally.

ISPC 1 Month Chart

ispc

iSpecimen 5 Day Chart

ISPC

ISPC Technical Analysis

ISPC needs to stay above $5.43 and new highs to be a bounce. If it doesn’t, it will be a head fake! It has consolidated and appears to be slightly bullish. This could be what we have been waiting for!

Remember, to never try and catch a falling safe, or a knife for that matter. Simply let it fall to the ground, walk over, and pick up the money and walk away. If you enjoyed this article, sign up below, I promise I will never spam you and I’m pretty darn good at picking winners. Let’s make some trades together!

ISPC

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