CHIMERIX INC

NASDAQ

CMRX

After breaking higher in early April on large volume, Chimerix Inc. (NASDAQ:CMRX) spent the next several weeks digesting/consolidating the move before breaking higher yet again last month (May) and in the process, recapturing its 200 DMA as evidenced in the Daily chart above. With the stock presently trading above all of its important moving averages (20/50/200...

CMRX - SHORT 2.45 based on 5min candle

Will be looking this to have a morning panic biggest gainers today however closed very high and very near high of day. The main thing that stands out to me is the afternoon breakout I say this has pushed to over extension I will be looking for the panic to play, no panic no play entry point near 2.45 short float not very high though 2.32% may be enough to set if...

i like this set up due to risk reward ratio 09/23/2018 Phase 1 data due 23-26 September 2018 at European Society for Clinical Virology.

trippel tops could be formed but till then a ranging trade is ongoing. both Trippel bottom and Trend Support act as a low level support.

awaiting a bullish candle and break over the PNL level.. RSI is overbought but MACD has still more potential upp.. I will follow this these days.. Impressive earning as well..

CMRX looks very bullish in this last move, but it is near the long term resistance. If it fails breaking out and consolidating above the trendline you can look for a short setup.

Pullback overdone, double bottom on watch on 8ema break

$CMRX, waiting for a pullback to 50MA before potential breakout

In the last few weeks there has been quite a lot of movement in shares of Chimerix Inc (NASDAQ:CMRX). This company reportedly had a drug that would help fight the nasty Ebola virus. Once the market caught wind of this, Chimerix Inc (NASDAQ:CMRX) shot up nearly 50% in a few trading sessions. Since making a high of $36.75 the share price has dropped about 20% as the...