I am thinking FBIO is a very positive stock to buy around 2.58-2.89. My FINAL target price of FBIO is around 7.31-10. IF I were you, I will buy around 2.66 and sell around 3.95 and start buying around 3.3-3.1.
NASDAQ:FBIO Fortress Biotech Inc
Target PTs 5.25 --> 10 --> 12.70 --> 17 and higher
Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino an oral minocycline drug for the treatment of moderate to severe acne; Targadox an oral doxycycline...
On the above bi-Weekly chart price action has corrected over 90%. A number of reasons now exist to be bullish , including:
1) A strong buy signal prints (not shown).
2) Regular bullish divergence. Multiple oscillators now print positive divergence.
3) 2-week hammer candle on support
4) No stock splits.
Is it possible price action falls further? Sure.
Is it...
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
2021-11-19
Markets are mixed, possibly turning bearish (near all time highs)
FBIO has underperformed the market
FBIO is presently in a bullish channel
Bottom of channel has been tested 3x
Expected to continue trading within bullish channel upwards.
This is a technical trade. Hoping to touch my target for a sell. If this turns bullish and runs, will...
This has been so good to me. I keep buying each time it goes into this particular drawn out 2/1 RR ratio. And I keep making a bit of money, then exit on declining volume.
The stock itself can be argued to be a really good long term hold. Going to watch for another swing for an easy few hundred bucks.
Ran, came back down, nothing changed otherwise. Easy RR ratio setup for 2/1
See my old idea, do some research, this is trading well below analyst values.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls
The swing trader in me is looking at the gap fill
The long term investor looks at the potential in 2 years.
The average analyst price is at 10.00, so I am watching this closely.
this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
FBIO is an unbelievably attractive long term opportunity, that is trading well below the average analysts ratings.
"a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products." Yahoo stocks
It has strong buy ratings across the board. I doubled my position in it today. Looking to sell a 1/3rd in the $9 mark, a 1/3rd in the...
