$IPHAKey Words: Innate Pharma S.A. (NASDAQ: IPHA) shares gained 40.9% to close at $8.10 as its partner AstraZeneca Plc (NASDAQ: AZN) presented results from the COAST Phase 2 trial during the European Society for Medical Oncology (ESMO21) Congress 2021. SVB Leerink maintained Innate Pharma with an Outperform and raised the price target from $7 to $9.
Innate Pharma S.A., a biotechnology company, discovers, develops, and commercializes therapeutic antibodies for the treatment of oncology indications in France and internationally. The company's products include Lacutamab (IPH4102), an anti-KIR3DL2 antibody, which is in Phase II clinical trials for the treatment of cutaneous T-cell and peripheral T-cell lymphoma, as well as in Phase II clinical trials to treat refractory sézary syndrome; Monalizumab, an immune checkpoint inhibitor that is in Phase II clinical trial to treat advanced solid tumors comprising colorectal and lung cancer, as well as head and neck cancer; Avdoralimab (IPH5401), a monoclonal antibody blocking C5a binding to C5aR1 that is in Phase II clinicals trials for the treatment of COVID-19, bullous pemphigoid, chronic spontaneous urticaria, and other inflammatory diseases; and IPH5201, a blocking antibody that is in Phase 1 clinical trials targeting the CD39 immunosuppressive pathway. Its products in preclinical trials include IPH5301, an anti-CD73 antibody targeting the immunosuppressive adenosine pathway to promote antitumor immunity; IPH61, NKp46-based NK cell engager for the generation and evaluation of up to two bispecific NK cell engagers; IPH43, an anti-MICA/B antibody drug conjugate; Lumoxiti (moxetumomab pasudotox-tdfk), a tumor antigen targeting solution for the treatment of hairy cell leukemia; Anti-Siglec-9, an antibody program; IPH25, a checkpoint inhibitor; and IPH62, an NKp46-NKCE platform. Innate Pharma S.A. has licensing and collaboration agreements with AstraZeneca, Novo Nordisk A/S, Sanofi, and Orega Biotech; and co-development and license agreement with MedImmune Limited. The company was incorporated in 1999 and is headquartered in Marseille, France.
Fib
SHOP descending wedge is as at a lower edgeWhile I'd look for a breakout to the upside to this descending wedge, I think it's equally likely that price will bounce off my purple breakout line and head down for another leg. We'll have to wait and see.
It's also noteworthy to notice we're now trading below the grey resistance area, so that might add an additional ceiling to bounce off.
SPY- Potential reversal & key levels to watchThe SPY closed on Friday finally breaking below the channel that it's been holding for quite some time now, and closed sitting on the 50-day SMA. Every time we've previously touched the top channel line, the SPY has fallen to the bottom channel line and bounced right off (see charts below). However, there is a very clear shift in seller volume starting to outweigh buyers, and RSI taking a steep drop EOD on Friday after hovering in overbought territory for quite some time as well. Just some FIB levels and RSI-based supply and demand zones to keep an eye on- personally bearish here as the markets have been way overextended for a long time now in my opinion. Trade safe, and look for potential long-term entries on fundamentally sound stocks.
Symmetrical Triangle - UpdateBeen a while since I've posted an updated chart on ETH so please see previous charts in description below- Frankly ETH is looking quite nice at the moment holding a big symmetrical triangle on the 4-hour timeframe-
- Reclaimed the 50day EMA and others starting to curl upwards
- Bullish Gartley Harmonic Formed
- Bullish divergence on the RSI
- MACD Cross on the 2-hour & shorter timeframes
- Buyer volume increasing creative to seller
- Just some FIB levels and RSI-based supply and demand zones to keep an eye on- Personally am bullish and holding long term but watching for a breakout from this triangle
Previous Charts-
June 19'
June 5'
May 16'
GPAUD Income Fib reversalHello traders! As of now, I am seeing a reversal to the downside because price is at the .618 fib level
Looks like RSI is beginning to be oversold.
Price must stay below the resistance to confirm bearish reversal. If AUD begins to gain strength I will begin to sell.
Trade safe!!
EURGBP: Bearish Wave is Coming 🇪🇺🇬🇧
EURGBP is testing a strong intraday/daily supply level today.
Being rejected on 4H and forming a double top formation on hourly,
the price confirms a local bearish sentiment on the market.
I expect a bearish continuation to 0.85115 / 0.8495
❤️Please, support this idea with a like and comment!❤️
AUTO FIB, EMA, RSI, Stoch, MACD, VOL - on Free TradingView.I have tried to add the indicators I want into the free version of TradingView.
This gives auto Fib levels, 4 EMA's 20,34,55, 100,200, RSI with divergence, Stoch RSI, MACD with crossover points, and just normal VOL.
I am pretty new at this but thought I would share anyway, any ideas on how I can improve this would be great!
Thanks
GBPUSD - A follow on from my DXY postMy last post i went on to explain the importance of knowing what is happening with the dollar against trading it against other pairs.
Here with GBPUSD you can see the pair was very bearish for some time and during that time DXY was pushing up as the dollar was getting stronger. So when i was looking at this pair over the weekend i identified this purple zone of interest where price has previously rejected and again recently pushed price down.
This allowed me to add a fib in place from the recent swing low to the recent high in that purple zone. Now originally i wanted price to pull back into the 61.80% where we can see we have had previous price action but instead it fell just short of this before we could see a turn in price. I dropped onto the 1hr chart and could see a strong bullish push so i waited for confirmation on the hour closure and from that i looked back at DXY and found that price on DXY had also reached my interesting zone where price may slow and the dollar should become weaker for a short period of time.
To summarise, Daily time frame shows bullish, 4hr we can include our fin as confluence, along with the DXY chart showing a slowing of dollar so we have a good 3 confluences for this trade. Let's wait and see.
Happy trading.
PLUG in a Critical Spot HerePLUG in a critical spot here testing a long-term uptrend line. Watching this one closely, big symmetrical triangle on its yearly chart but also quite a large falling wedge (See Chart in Description Below). Bollinger bands are as tight as can be with some bullish divergence on the RSI- Just some FIB levels & RSI-based supply and demand zones to keep an eye on
ETHO fib price expectationETHO is expected to achieve 0.1088 in the next upward price movement after reaching support levels based on fib at the moment.
Target: 0.1088
Stop loss: 0.0754
ALGO in a tight Channel Previous Target hit.IMO any deviation from this channel invalidates the run-up to $3. It's possible we could see pullback @ fib levels established off the last run-up to $1.80. However, I don't believe that will happen. Heres to watching little ALGO become a legend folks. Currently I don't have an exit point on this. I am a believer in ALGO and will HODL until I need the $$$$. Trade at your own risk see disclaimer below.
I'm just an autistic guy with a digital crayon. This is not financial advice. This is my speculation and only mine.
Fib levels for KEYBased on fib, we can eexpect KEY to allow to enter another time and return to 0.009046 after a minor drop down to 0.0075
Target level: 0.009046
Falling Wedge- BullishBeen watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday sitting right on its 20-day SMA (not pictured), falling wedge on the 4hour and daily timeframes, Bollinger bands are also squeezing, with volume- should pop. Just some FIB levels & RSI-based supply and demand zones to keep an eye on- Bullish and looking for a breakout.
PT1- $55.70
PT2- $56.33
PT3- $57.82+
911 BITCOIN .5 fib & importance of closing above weekly 20 EMA! first take a look at red arrows, that's how far that candle went to. and see what importance that 'white line' is..
i then did fib retracements. the white arrows represent where i placed those retracements, and you can see that .5 lines up perfect with that 'white line' we fell too.
We need to close the weekly above that 20 EMA or we will be re-visting the mid 30k's again and far worse as shown through bitcoin history if you see what happened when we did close below it on the weekly. Led to 50% drops or more EVERYTIME!
We also need to close daily's very soon above 49k or we will visit mid 30 k's by next week I am sure. That is the consequence of visiting the 50k region. It sets up all the moving averages to that 50k spot we were at, so now if we below those moving averages, well now you know what will happen.