41% retracement from head to neckline, so 41% from neckline puts it at $10.50. There are multiple horizontal support zones, see chart that also correspond to this zone $9.50 - 10.50. Greenleaf (CEO) is a complete clown. Issuing a statement last week that guidance will likely be aggressive then he issued guidance that was approximately 30% below the analysts. ...
Possible Scenario: LONG
Evidence: Price Action,
I'm pretty sure about it, this is one of my main positions early morning.
I expect it hit the Fibo level 100% at 25$ this week, most likely tomorrow
Call options, strike 25$, 10/15/2021.
*This is my idea and could be wrong 100%.
Tons of money to played in this, constant up and down trend. Either short when it hits the channel trend line top, or go long at the channel bottom... I would rather be the bull in this situation though... so I would hold out on a entry.
We formed an ascending triangle as we approached resistance at $6.60. We have appeared to break above the top level in a bullish manner which could result in a bullish afternoon if we do not retrace back below $6.60. Hopefully, this trend will continue throughout the end of the day and into next week.
The target profit target is very conservative and is equal to wave 1. Stop loss just below the last double bottom.
Interesting volume signals. Time frame target with elliot fib. That means a pretty good return in a few days only.
AUPH has great science, the only trouble that they had were deaths that were determined not to be caused by the drug. They are treating lupus, deaths are going to happen. Whether you are long or short on it, it has been set-up for a great day for Tuesday. News was announced Monday that they have been selected to present at two different medical conferences. Their...