In my experience trendly / volatile stocks have a tendency to have significant long term reversals from wedges and general downtrendline breaks. Extremely interested to see where this goes, if it does end up breaking out bullishly. Company could begin a new bull run, or simply reach target and mean revert.
Hi,
Navamedic ASA, a MedTech and pharmaceutical company, in-licenses, buys and markets pharmaceuticals and other health care products in the Northern European region.
Considering technical viewpoints then Navamedic has started to approach a pretty strong support area, a lot of criteria make up a strong crossing area. To be honest, I don't know much about...
Normally when we see a such massive drops in equity, the on balance volume also trends down.
OBV is reaching a 2-year high, as we have dropped over 30%.
This divergence suggests pharmaceuticals could outperform as the market starts consolidating.
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Regarding the volatility due to Medicare for All proposal, supported by Bernie Sanders, it seems highly...
I'm not gonna explain the fundamental data of the company for a long time, but I will say briefly that if you look at the dynamics of changes in the company's data, you can see a stable growth of the EPS indicators and a gradual moving towards a positive P&L. It is also indicative that with the huge fall of markets last week, the company did not “fly down” after...
Well for some reason the News is Killing the Market, I am down 60% Today, so decided to look at things with a different Light. Which ones Move differently depending on the Hype / News that is in our Ears.
Got this one for $10 and next day it was $16 that might be the top for this one but Maybe not? I did not draw on the Chart but you can see it took off like a...
ALXN Alexion Pharmaceuticals with a very strong fundamental background is reaching a big level of support.
It could offer a big upside once if it rebounds on that support. Keep an eye on this one.
Chinese pharma play:
- Move from 1.00 (May 24, '19) to recent $2.24 top (Jan 27, '20) and back to $1.73 today marks an approximate 50% retrace over the last 9 months
- Currently in the heat of the Coronavirus battle; will likely show a bump in it's topline next quarterly report (July?)
- Currently faces resistance at the baseline of the BB bands and 50MA which...
NSE:AUROPHARMA IN DETAIL
SCRIP WENT INTO DOUBLE CORRECTION AFTER REACHING ALL TIME HIGH,
CURRENTLY LEG OF DOUBLE CORRECTION HAS COMPLETED AND STARTED RALLY IN UPTREND.
IT MAY BE ANOTHER LEG AFTER COMPLETING LEG IT MAY FALL IN LEG FOR TRIPLE CORRECTION OR OTHERWISE IT WILL CONTINUE IN THE SAME TREND TO BREAK ALL TIME HIGH AND TO REACH NEW HIGH
WILL WAIT AND...
Buying LABU here, might be a little early. The price is above the 10 sma although many of the supporting averages are not aligned higher. Its more gambling than investing at this point.
Today's session generated a bearish divergence on CCI. I am still bullish, but always ready for a trend retracement on the 20 EMA Line.
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own...
Ichimoku Clouds still confirm the bullish setup. Today's session will be important, if positive, to manifest further bullish intentions (Break of the $92.10 resistance).
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling...
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Positive session for Nasdaq Healthcare that gained 0.39%. However, I still see the possibility of a retracement over the basis of the Bollinger Bands indicator (orange crosses). I was waiting with anxiety today's session to check for a signal of retracement, and it comes with the third...
Good session for the Nasdaq Healthcare Index, that closed the day with a 1.30% gain. Bullish sentiment is still driving trades. However next session could be characterized by a retracement around the basis of the Bollinger Bands indicator (orange crosses).
This is a daily analysis.
Disclosure: My ideas contain statements and projections based on assumptions on...
Wow, great trend, much support. Hey, I've said it before I'll say it again, I'm no technical analysis guru. I think most of it is hooplah. Have you ever heard of the guys on Wall Street who threw darts at random stocks on a wall and those picks ended up performing better than most professional hedge fund managers? Yeahhh, exactly. I personally don't believe in...
Good spot for Alexion Pharmaceuticals. The stock is trading above the Ichimoku Cloud Support (red line of the green cloud).
I was waiting for today's opening to confirm a bullish position.
Furthermore, Alexion trades below its normal Price/Ebitda ratio of 41.13 (currently trading at 11.89).
Disclosure: My ideas contain statements and projections based on...
After the stock price touched new highs in October 2019 ( management confirmed rebooting of aducanumab's development), Biogen started a consolidation phase.
I plotted the Ichimoku Cloud on a daily chart, together with the Bollinger bands, to highlight the volatility and confirm the consolidation phase. Currently, from a technical point of view, we are in an...
I will update this article I just wanted to get the idea down because this is capable of 2-4 x in short amount of time..
So rough notes but wanted to have it documented real time
Analyst have maintained a .75 and 1 target here which is at the very least 3-4 x from current prices.
$TTNP - Going to be a 5-10 X candidate 2020
For a swing trade .
2020...
