Fisbin

$VBLT - Basic Bull Flag

Long
Fisbin Pro Updated   
NASDAQ:VBLT   Vascular Biogenics Ltd
Breaking above that bull flag . Lets close above through earnings .

$2.75 is the target to beat, lets make the sell wall our new support.

If the buying pressure gets big and we close $3-$3.50, we could easily see an explosion up to $6.80.



Comment: See the last 4 earnings. Selling in-to earnings on bad earnings and buying pressure in-to and after earnings on good earnings. Well, we broke out and closed above the bull flag with upward pressure in-to earnings on Monday. Expecting $3 minimum here. Firefly on the last daily candle here before earnings.
Comment: Well we didn't break above on earnings. Positive surprise but still short and no big announcements other than human trials starting Q1 next year.

However, check that bounce on the 100EMA when looking at the weekly chart.

Some big accumulation happening for someone. Looks like ARK Invest just bought 1.3M shares or 2.23% of the control this month on 11/12
Comment: Wow!

Really impressed with those holding $VBLT, still just sticking to the normal price action through the market FUD and red.

Just bought more.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.