DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Greetings, fellow traders! Today, I present an intriguing long trade idea for EOLS stock, focusing on a potential retracement opportunity. Through careful analysis, we anticipate a retracement to the key level of $7.59, where we plan to enter the market . Our stop loss is set at $7.12 , and we have identified a profit target of $14.33 , offering an exceptional ...
Coming out of a 3 month consolidation. Volume extremely light on the latest pullback, signs of supply has dried up.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
After a ~500% run this year EOLS settled down and found gap support at $8.25. It has since put in a cup w/ handle pattern from which it broke today. The volume today is well above average and should be a signal that this breakout should hold if the market wants to cooperate. I went long this morning and will stop out if we undercut today's breakout candle.
Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross in blue
RS above 0, and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50
200MA ascending
Cons:
Gap dowm may get filled anytime.
Target:
PT = 18.29$
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AbbVie, Evolus, and Medytox Announce Resolution of Intellectual Property Litigation
AbbVie (NYSE: ABBV), Evolus (NASDAQ: EOLS) and Medytox announce settlement agreements to fully resolve all outstanding litigation, including the United States International Trade Commission (ITC) case regarding the sale of Jeuveau®, between the companies. A California court case...
Hello,
What is EOLS?
Evolus, Inc., a performance beauty company, provides medical aesthetic products for physicians and their patients in the United States. It offers Jeuveau, a proprietary 900 kilodalton purified botulinum toxin type A formulation for the temporary improvement in the appearance of moderate to severe glabellar lines in adults. The company was...
Long downtrend with large accumulation then a sudden spike in volatility.
Something going on with this one. Possible new product release or along that lines.
Maybe worth a long term buy to 200 EMA at least.
Target on the graph.
