NASDAQ:BBIO has been performing very well since May of 2022, and has recently been in a downtrend. BBIO lost support at the light blue support line, and more recently had a bullish rebound off the yellow support line. I think BBIO is likely to present more buy opportunities around $27.15, and this is a stock that is worth monitoring for a trade setup.
Party at the BBIO market!!!! Meanwhile, SOMEONE is selling a uncovered 30 call for more than $8.2 M$ with a maturity of 18-Aug-23, indicating a bearish sentiments. The rationale is that the 30 call seller anticipates prices to fall below $30 by that date.
a good entry is available in the BBIO chart. letme know what you think
🔸Hello guys, let's review the daily price chart for BBIO today. Noteworthy compression in progress, and also a decent sequence of higher lows, therefore expecting more gains in BBIO. Short-term pullback into May/June, however should find support near 10 usd later. Currently trading at 15.85 usd. Open liquidity gap near 30 usd will be targeted by the...
NASDAQ:BBIO tight action. Pharma has been popping as of late - hopefully that continues. Anticipation set-up.
ELLIOT WAVE BBIO not advice "be attention until (c) from wave(4)" then 'PUT'
Yes, another pharma stock in the green. Let's go, baby! We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
After looking at the huge selloff and seeing where we have been with this stock. It looks as if it is ready to grow long here to the first resistance of ~$20. then it will make that a new support line to head north to ~$32 where the analysts have placed it as valued.
Ascending triangle with resistance at 71.84 blue line and higher lows with red trendline as support. Target price: $92.51 Trade idea 3 buying opportunity 1. buy when price bounce at red line showing support, and stop loss below red line at $57.84 2. buy when price cross blue line at $71.84, and stop loss below blue line at around $67 or below red line 3. buy...
Original run up was described here on my page early in my post history and here we are again. Beautiful inverse head and shoulders with a large green candle on the breakout. Willing to hold steady here and see if this one can break out. Target and stops presented on chart. Held up extremely well compared to broader biotech space (IBB, XBI). Not much more technical...
Hey traders, BRIDGEBIO PHARMA is in a fake bearish configuration with a fake return of executed sell volume and a sort of upside down hammer candle. By zooming in on the TIMEFRAME M1 we see a marubozu with a weak explosion on the past purchase volume, it goes to the highest of the bollinger. To check it then go to the top of the range and test it before the VWAP...
A company with an innovative approach to health care with an equally nice chart pattern. Check out what they have to offer on their company website (can't supply links yet)
Will the bulls continue pushing the price of Bridgebio Pharma through the resistance? RSI 14 shows no indication of their stocks being overbought and the pharma industry is doing well, so I think yes. But let´s wait for the next high of the MACD to see whether it converges or diverges with the price. In the case of a conversion, I call a breakthrough and long...