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Djentinga
Dec 6, 2021 7:39 PM

BCRX Bullish Hammer Candle and MACD + ADX Divergences Long

BioCryst Pharmaceuticals, Inc.NASDAQ

Description

My favorite long term bio setting up for a bullish move.

Price bounced off support with a bullish hammer candle on higher relative volume, with bullish divergences on both the MACD and ADX.

Possible long setup in the short term.

Entry: 11,30 area
Short Term Target: 12,80 area
Stop loss: 10,50 area

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Fundamentally I expect this to go $100+ by 2025.

Comment

Hoping for continuation tomorrow

Trade closed: target reached

Target reached.
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