NASDAQ:VTRS price action is very bullish, it is targeting 14.19$ and 16.31$. It is quite extended now, any pullbacks towards 12.5$ is a buying opportunity. Stop level daily close below 11.4$.
P.S. Not financial advice, my views only
This is an example of what keeps me slinging my pendulum because it was rather mind blowing at the time.
I saw a few videos of how these daytraders like to watch premarket tickers, so I decided to let my pendulum pick from a couple lists on 12/13 and see what happens.
I pulled up a website on my ipad of "most active" and asked which we should pay attention to.
It...
Looking to sell ticker VTRS when market opens again. If price doesn't hold the resistance level at 12.00, close the trade for at small loss. If price decides to be nice and go down, let it ;-)
In the pharmaceutical sector, analyzing the financial metrics and market dynamics of Viatris Inc. (VTRS) and Merck & Co., Inc. (MRK) offers a unique perspective for investors.
Reasons to Consider VTRS Over MRK:
Forward P/E Ratio: VTRS's forward P/E ratio of 4.29 is significantly lower than MRK's 13.76. This lower ratio suggests that VTRS might be...
The Orange down sloping Fork did it's job very good so far. Even the (yellow) sliding parallels gave us good information how wide the shift is. And we even got some confirmation from the divergence
Now VTRS is nagging at the U-MLH.
Also nice to see how this stock is stair stepping towards the Center line (orange lines).
Is it too late to jump in?
In my trading...
VTRS has reached nearly a bottom along a slight down trend line.
Each time this line has been touched price has reversed strongly. I expect the same to happen this time.
Weekly timeframe.
This stock is ready to Soar to New highs. With favorable market conditions and positive momentum, investing in NASDAQ:VTRS now could be an excellent opportunity
The PEAD projected a Bullish outlook for $VTRS after a POsitive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
The PEAD projected a Bearish outlook for $VTRS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Stock was sold for many days in a row. VWAP trajectory is showing near 13. Price just went above Fibonnaci 0.236 with potential to the upside. Daily MACD crossed, price wants to look up!
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or...
RSI is above the 50 line. MACD is in Bullish Divergence. Moving average Line is above the Signal Line. Current price action is breaking through short-term resistance and making way to mid-term resistance. (BULLISH)
Sick of overvalued tech stocks that trade at 100 x earnings?
Viatris company is trading at only 4.6 x expected earnings which is screaming - under valued!
Dividend is $0.11 per share
Insiders are buying back the shares.
No brainier to me. Buy and don't look at it. This is a not a stock to "trade".
