A buy signal is generated. ABBV is predicted to grow by 4% to $99.9 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 89%.
Hi traders, I have picked another market for today´s analysis. Our best shot for today can be VRTX (we just have to wait for the entry bar). It´s a pharmaceutical company that increased the price of its stock during the Coronavirus crisis. If we compare the price with the SPY market and take the correlation into the consideration we can see that VRTX has...
Analyst forecasts for Merck earnings came down sharply early this year, but lately they've stabilized and even ticked upward a little. Merck is still priced for an optimistic market, with forward P/E around 15 and PEG around 2-3. This is reasonable for a large cap company with 3% dividend and a great reputation, but it's not bargain pricing, exactly. A second...
NOVN sitting right below 50 ema and above POC 100 ema around .64 & VPVR is non existant above .77c
Bristol Myers-Squibb got another FDA approval yesterday to expand the label for its immunotherapy drug Opdivo. The approval isn't a huge deal, but it would have been an upward catalyst on a normal stock market day. BMY remains a highly rated stock by analysts, at just 10 forward P/E, 1.17 PEG, and 3% dividend yield. One drawback of BMY is that it has a -1.5% ESP...
Check Out My Chart My Soft PT is Gap #1 My Hard PT is Gap #2
Entry. $45.74 S/L $43.70 TG $50.23 12 months Consensus Price Target: $50.23 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Expect a significant appreciation in price leading up to the upcoming poster presentation of Phase 1/2a data of VBI-1901 in Recurrent GBM Patients at AACR virtual annual meeting.
We have first touch at the $3 level. Might see some downward moment tomorrow. But bullish that $3 will be new floor soon.
It's too early for me to enter into a position here, but as WIN219 mentioned in his recent idea, an obvious Adam and Eve chart pattern is forming. If $2.36 - $2.40 price level holds up and the pattern completes, I will open a long position. This might be a great buy opportunity if the chart plays out.
There was a recent offering which was closed this last Friday, dumped to .14 and is currently .16 I am expecting to see an easy bounce to .20 soon and perhaps even higher. Wouldn't be surprised if we rejected at the top of the triangle but that's already a 100% gain.. anything above that is the gods blessing us.
🧑⚕️ Pfizer recently announced that a clinical trial of its drug Ibrance hasn't worked out as a long-term treatment for breast cancer. This news is unfortunate on a few levels, but specifically, in terms of price, the impact isn't great. Upon releasing the news PFE dumped as analyst began to revise earnings expectations downward. This sell-off caused a reversal of...
Biotechnology and pharmaceutical companies have been quickly cycling through overbought and oversold. The problem has been so problematic that Sorrento Therapeutics had to specifically claim they were not a “pump and dump” scheme. Any whisper of a "cure" for Covid-19 has investors rushing to the entrance and quickly fleeing after results are what they had expected...
All, See my previous post on my baby aka favorite stock. My entry was $2.28 on this. There pipeline was epic, FDA approvals and no price movement. Now it just hit every scanner and radar out there. I would not buy in now of course, but over time it will come back and retest the last high it left from. It may happen quickly but I would put my alert around 50% of...
All, I think we are coming to a double bottom soon. The weekly on QLGN it's obvious there was a massive double top + merger made it sail down. The Question here is where does it end? It is essentially down over 45%. It is going to hit that trend line coming down and most likely fail if you want to swing that. Overall it will recover just a matter of how long. **...
SUNPHARMA HOW TO TRADE IN UP COMING DAYS
It is forming cup w handle. To confirm the pattern needs to break $16. RSI broke the downtrend and the volume is well above the average. If you find my charts useful, please leave me "like" thx