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Canopy Growth Corporation is on strong long term bullish price action both on 1W (RSI = 58.856, MACD = 4.873, Highs/Lows = 2.6189) and 1M (RSI = 66.122, MACD = 12.099, Highs/Lows = 7.3414). Since mid 2017 in particular, it has been trading on Higher Lows reaching +1000% in growth. Using the Pitchfork to identify the pressure zone, we estimate that the asset is...
Watching for ABBV to break this wedge and go higher to fill the gap from earnings.
Aspen is a global supplier and manufacturer of branded and generic pharmaceutical products as well as infant nutritionals and consumer healthcare products in selected territories. ASPEN has been under the microscope over the past few years with various negative rumors and investigations driving the share price lower and lower. I believe that we haven't quite seen...
Better than a pair of socks. Buy and hold note to self. 618 Fib Retracement
There are several aspects to this chart- the wave analysis is certainly up for debate, but what remains is improving fundamentals. On this chart we have a corrective sequence ABC starting in 2014 and concluding in early 2017. On this chart, we can see the 30 day MA volume skyrockets in the beginning of 2017. This corresponds to the timing of the Obama...
This is the weekly chart on Loxo Oncology. This biotech focuses on cancer treatments by targeting genetic mutations that create protein chimers that lead to unregulated cellular proliferation. In English, and very simply, imagine a copy machine. When you press 'Copy' you should get one duplicate of the item you want copied. Cells have similar systems where a...
Medical stock that's too thinly traded got mixed review on clinical trial results on Tivozanib, which showed efficacy, just not to level expected and testing new low for 2018 at 2.03 and below full fibonacci retracement of 2.10 as prior low. NASDAQ:AVEO
following the stock as 5 directors purchased hundreds of thousands of stock for the price of 24 cents on sept 21st just as it started to move sideways and broke out of the resistance. It broke out of its strong downward channel, so I'll be monitoring it to see any significant runs. This is also the beginning of a golden cross if im not mistaken.
Should see swing back to resistance. What are your ideas on TEVA?
Just wishing for something here. Planting good thoughts.
BLRX had a strong rally today and it's just getting started. In the related idea my price target was $1.34. Today's high was $1.78 Check out the weekly chart: Photo Finish. $1.34 was 1.618 extension level from Waves 1 & 2. Since the price-action broke $1.34 we will have an extended 3rd wave. I expect a very strong rally tomorrow, I will update in the...
BLRX is in the middle of an extending 3rd wave. Target is $1.34. If BLRX crosses $1.34 which is likely I will hold and reassess the trade. -AB
The price has closed above the downtrend line started this year with consistent volumes. I opened a buy as I am expecting increasing volume and strenght in the next sessions. Tps are already highlighted on the right.
CKPT is breaking out on heavy volume. Primary Wave 1 Extension Daily: Levels: Target:
A possible corrective structure may be completed on NASDAQ:ACAD . This could have big upside potential. If we get a consolidation here I'd love to start trading it on the radar.