The PEAD projected a Bullish outlook for $HZNP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $HZNP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 87.5%.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $101.05 Target Price: $102.82 Stop Loss: $98.10
* Great earnings * Very strong up trend * Very high relative strength in the Healthcare industry * Has been consolidating since breakout * And now offering a pocket pivot setup. A pocket pivot setup is when the last day's volume is higher than any of the previous 10 days down volume. This indicates that institutions are stepping in and the price is expected to...
HZNP attempting blue sky breakout. Inside day on Friday. Looking at entry through Thursday's high 95.50 with stop below 92. Earnings on May 5.
Watching this name with a possible two entry points for a potential move higher. The company is riding the wave of the increasing revenues & net income. Forward PE is around 18.
The price found a nice resistance at $92 / $93 Now EMA 100 looks the stronger to take
$HZNP Up channel Bullish pinbar Horizontal support 50 DMA holding RSI 50 line bounce
HZNP announced its intent to acquire Viela Bio which is a biotech company with a mid-stage biologics pipeline in auto-immune and inflammatory conditions. Viela Bio recently (June 2020) launched Uplinza (anti-CD19 antibody) in the US for NMOSD (rare ocular disorder). Viela Bio's platform of three unique biologic molecules with 9 potential indications as drivers for...
$HZNP is projected with a bullish outlook after a positive earning release, the PEAD projected a bullish outlook for the stock as price is currently trading on the upper boundary of the PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Key level Head and shoulders formed. if it ends today the day on the negative it could be going to a target of 64.88. otherwise, if it ends the day positive it is not a head and shoulders confirmed.