VRTX I already own, looking to add some more pharma in due time.
HALO has good upside, I calculate +25 pct from 41.16 buy point to dashed line 51.63. 21/50/100 EMA crossover.
17.5 pct ROIC, 5.1 pct free cash flow yield (so so), accelerating revenue growth, buybacks, ROE 105%, Operating margin, 42.49 pct. Upward revised analyst projections.
The big negative, it...
Strategy Overview: The Frequency Formula
Our trading strategy, "The Frequency Formula," is built on cutting-edge Fourier Wave Transform theory. The strategy utilizes four unique indicators: the Frequency Formula Chop Indicator (FF-CI), Frequency Formula Trend Indicator (FF-TI), the Frequency Formula Volume Indicator with Combined Ratios (FFVI-CR), and the...
2023 WATCHLIST
A series of stocks that i will be monitoring at the beginning of 2023
Here is a new issue from the Biomed Industry.
Relative Strength (IBD): 97
IPO: 2007
Sales acceleration:
Jun-22: 12%
Sep-22: 80%
Funds acceleration:
Jun-22: 708
Sep-22: 743
Halo is showing yet again some positive pattern in price action.
Currently building into a bullish pennant (not confirmed) after last week's ascending triangle.
If the price action breaks the top of the flag with volume, we may be in for a 36-37% profit.
Target #1 on confirmed flag = 79.83$
Target #2 on confirmed ascending triangle = 87.93$ (See link)
Stay...
Multiple bullish indication on $HALO - see chart annotation for details.
GLB - Green Line Break - breakout of previous ATH and consolidation for >3months.
test
Halozyme Therapeutics, Inc. is a biopharmaceutical company, which engages in research, development and commercialization of human enzymes and drug candidates. It focuses on novel oncology therapies that target the tumor microenvironment. The firm products include rHuPH20, and HYLENEX recombinant. The company was founded by Gregory Ian Frost on February 26,...
Hello all,
Haven't posted anything bullish in quite a while but I believe this one is worth a look.
Thank you to @TORNADOF5 for suggesting it.
HALO seem to have been untouched by the pandemic downtrend, as have many pharmaceutical companies.
So looking at the weekly chart, the price action has built into an ascending triangle that seems to have broken through...
Price has climbed and poised itself high above lower dominant trend line
I interpret this price structure right now as a flag, that will lead to further upsides for HALO
This I have tried to plot with the Bars Pattern tool in green
last short trigger was at 46.36, now its 41.74, congrats to my shorts here! we killed it.
bounce from trend support zone/pivot level then break of 43.44 is my long trigger 🚀
break below these supports/40.05 level is my short trigger 🥶🩸
need some more time to find out if its clear break of support or just a short trap, watching for break of 46.36 for shorts / break above 53.20 for longs
Still watching $HALO as it continues to setup here.
Closed below 21EMA today but right at most recent breakout support.
Has the look of Ascending base on the daily with potential 3rd and final pullback in the making.
Earnings in 8 days could be the breakout catalyst.
