This stock has shown breakout earlier creating wave 1
then it created its wave 3 when it had its stronger breakout
now its doing a flat sideways tight range wave 4
The NEXT breakout will be a wave 5 up
Contextual immersion trading strategy idea.
Chembio Diagnostics has a strong upward trend.
The company develops, manufactures, and commercializes point-of-care diagnostic tests, in particular, COVID-19 tests.
This and other conditions can cause a rise in the share price in the next days.
I saw it again and opened a long position from $5,03;
stop-loss —...
Contextual immersion trading strategy idea.
Precipio, Inc., a cancer diagnostics company, provides diagnostic products and services in the United States oncology market.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from...
Contextual immersion trading strategy idea.
Acorda Therapeutics, Inc., a biopharmaceutical company, develops and commercializes therapies for neurological disorders in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position...
IPO intraday trading strategy idea
Berkeley Lights is a leading digital-cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the...
The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down.
KEY TAKEAWAYS
A descending channel is drawn by connecting the lower highs and lower lows of a security's price with...
Contextual immersion trading strategy idea.
Fluidigm Corporation creates, manufactures, and markets technologies and tools for life sciences research.
The share prose rose after the company had announced that Fluidigm mass cytometry technology and the Maxpar Direct Immune Profiling Assay are being utilized in a prospective observational cohort surveillance study...
APHA has broken the downward sloping resistance of the Falling Wedge pattern outlined in blue flush to the upside, and upon back testing the area of resistance it's now turned into support.
Notice the higher high creation for the first time since 2018 ATH's?
The Green pattern in this chart is an Ascending Triangle, and upon break out of this pattern APHA has...
Since LHS has broken down from a Descending Triangle in May/June 2019, the Dark Blue Line is the floor of the Descending Triangle FYI, we've seen bullish support near the bottom of the red downward sloping channel multiple times, I wouldn't be surprised to see a retest of the bottom channel again before breaking out of the pattern bullishly to the upside.
This...
Contextual immersion trading strategy idea.
CTI BioPharma Corp., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers.
The share prose rose after the company had announced enrollment of first patient in the COVID-19 PRE-VENT phase 3 clinical trial.
The demand for shares...
Contextual immersion trading strategy idea.
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and...
In blue I have outlined a bullish flag or descending triangle, or possibly a falling wedge, it appears as though momentum is leaning towards the bears creating a series of lower highs, but the blue downward sloping line of resistance looks like it's about to be breached to the upside, and continued bullish price action could possibly create a inverted H&S pattern....
Benefitfocus, Inc. engages in the provision of cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers
BuildGroup Management reports 14.3% active stake in BNFT
Contextual immersion trading strategy idea.
Homology Medicines, Inc., a genetic medicine company, focuses on transforming the lives of patients suffering from rare genetic diseases.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from...
Nice triangle and support over the past few days despite the selloff from Monday. Interesting SaaS + Healthcare play that hasn't yet spiked like other Cloud companies. Small market cap provides the ability to quickly multiply in the short term. 10-K suggest partnerships coming to fruition by H2 2020.
Contextual immersion trading strategy idea.
Blueprint Medicines Corporation develops drugs of small molecule kinase inhibitors that target genomic drivers in genomically defined cancers, rare diseases, and cancer immunotherapy.
The share prose rose after the company had announced the deal with pharma giant Roche (RHHBY) to sell a cancer treatment,...
Contextual immersion trading strategy idea.
Rigel Pharmaceuticals, Inc., a biotechnology company, engages in the discovery and development of small molecule drugs for the treatment of immune and hematologic disorders, cancer, and rare diseases.
The share prose rose after the company had announced that a drug used to treat an autoimmune disorder will be tested...
Contextual immersion trading strategy idea.
BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools for the cell and gene therapy industry.
The share prose rose after the company had announced preliminary revenue for the second quarter and used the opportunity to raise $75 million —...
