Calithera Biosciences Inc is a clinical-stage pharmaceutical company. The business activity of the firm is functioned through the region of US. It focuses on discovering and developing small molecule drugs directed against tumor and immune cell targets that control key metabolic pathways in the tumor microenvironment. Its lead product candidate is CB-839, an...
Calithera Biosciences Inc is a clinical-stage pharmaceutical company. The business activity of the firm is functioned through the region of US. It focuses on discovering and developing small molecule drugs directed against tumor and immune cell targets that control key metabolic pathways in the tumor microenvironment. Its lead product candidate is CB-839, an...
After a recent selloff in mid June 2019, Stock price went from from $6.70 down to $3.44. Cala looks to have established a double bottom. New strong uptrend suggests it has potentially capitulated from the selloff making these levels very attractive for any investors who are sidelined and looking for a good technical/ fundamental trade in biotech. Cala looks to be...
Bottoming out-Vix dip-with a reversal=look for a CALA bounce 128%
CALA was big performer, as we had a massive ride from $4 to $10 early this year. Now it seems flagging again. If it can break its resistance, it has potential to go higher. * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $14.53 Exit Target Criteria- $16.18 Stop Loss Criteria- $13.43 Please...
$CALA Declining vol, MACD likely turn down, 9 MA just holding. No resolution. Caution.
After a very successful Long trade, CALA seems getting ready for another upward move as it is forming another Flag formation. If it can break recent high, it has good upside potential to go as high as $11 area. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.13 Exit Target Criteria-...
CALA seems breaking out a downward channel, it also looks a potential flag pattern. However it is not fully ready yet, It has more work to do. We are keeping it in watch list for potential long.
CALA looks a good long as it is forming a fallen-angel pattern , positive money flow divergence supporting for long trade. Break of 3.40 will be a good long entry, and our first target is 3.93 just around 385 fib. But it has the potential to go higher "You can check our detailed analysis on CALA in the trading room/ Executive summery link...
To me it's looking like $CALA could be setting up for a positive momentum shift. I entered with a small position. Waiting to see if it tests $10 support. If it manages to dip past $10 I'll be out. Looks like if that support is broken it could go all the way to $6. For resistance it looks like $13 and $16 are my marks to keep an eye on.
RESISTANCES BlueSky BreakOut @ 146.82 Tenkan-sen Resistance @ 143.11 SUPPORTS Kijun-Sen Support @ 140.41 Nice Bounce off Fib .382% @ 139.76 ^^^If supports cant hold Use Lead Span 1 & Lead Span 2 AKA cloud as support area