ARCA biopharma, Inc. (NASDAQ: ABIO) exhibited a parabolic ascent on the trading session following the announcement of an all-stock merger with Oruka Therapeutics, a transaction poised to diversify the company's dermatological biologics portfolio. The equity's volume thrust was monumental, significantly eclipsing its 50-day average, indicating an accumulation of...
I think we have a good setup here for a long position. Stop loss under last candle.
On this episode of "Between Two Fibs" ABIO once again tested the 618 line plotted after using the recent low as the anchor. This has been a failure point 2 other times in the last few weeks but with a little more afternoon momentum, it will be interesting to see if it can break and hold above it. Other than that, the 786 fib appeared to have acted as lower...
VERY RISKY, VERY LONG TERM INVESTMENT in Penny Stocks!!! Not a financial advice! Buy - 3.50 TP - Sell limit at 21$ (2/3 of shares purchased) 1/3 - if go more up. Good Luck!
$ABIO next days we will see if tp could be 19$ in august
ARCA biopharma Inc is a biopharmaceutical company. It applies precision medicine approach to develop genetically targeted therapies for cardiovascular diseases. The firm's lead product candidate is Gencaro. The company adopts genotype-directed comparative effectiveness trial of Bucindolol and Toprol-XL for prevention of symptomatic atrial fibrillation in patients...
NASDAQ:ABMD 3 Targets. New high on the horizon. Easy call options
The company is a very small market cap so it's considerably higher risk than most stocks. Stocks like these require very small positions.
First off, please don't take anything I say as financial advice and as always everything is on an opinion based basis. Pursue your own due diligence. That being said, ABIO seems to have a decent setup for potentially another bull run quite soon. The resistance curve is about to pop and it looks like this is a close watch as with other stocks I been watching. In my...
Biggest gapper today #ABIO $ABIO, fell right away at market open. Looks to be setting up some possible support, ill watch it tomorrow and the next few days to see if we can break back above the median. You can visit my youtube and watch my full video recap, link in the description!