The Food and Drug Administration (FDA) has granted approval to Madrigal Pharmaceuticals' ( NASDAQ:MDGL ) groundbreaking drug, Rezdiffra, as the first-ever treatment for nonalcoholic steatohepatitis (NASH) liver disease. This approval marks a significant breakthrough in the medical landscape, providing hope for millions worldwide battling this potentially deadly...
- XBI ETF looks like it wants to higher on daily - We have a wede on Madrigal on daily - Buy on the oscilliators. Lets try this for a couple of days.
$MDGL - Big 300% move after successful trials for company's liver disease drug - Been consolidating. Failed to breakout in Jan from tight range - Inside-day bar on Tue, coming after bullish reversal candle on Mon. Potential early entry
Setup: PowerPlay VCP: 6W 19/5 3T RS: 99 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
At this point it's too obvious and the longer it stays put the more suspicious. Holding and see.
Powerful Biotech HTF. Very tight, and clear VCP in 1h. up on market down days speaks strength. RISK: flag a bit short market negative too obvious???
Stock continues to tighten up in a tight flag pattern. Looking ready to pop higher.
MDGL up big on FDA fast track on positive results. Overbought and overdone here. We should correct under $200 in coming days
Over the last three days, Tickeron A.I.dvisor has detected that MDGL's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
Over the last three days, Tickeron A.I.dvisor has detected that MDGL's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
Contextual immersion trading strategy idea. Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular, metabolic, and liver diseases. The share price rose after good earnings. I see some preconditions the share price will continue...
2 Potential targets 157 1st target 170 2nd target
Extremely overbought at current levels after positive news. My potential play here would be scalping a volatile range.