Fundamentals on top of technicals. Valuations good too.
We may see a breakthrough to 7$, NASDAQ:IBRX , FDA Approves ImmunityBio's Bladder Cancer Drug.
Fianancial market management is the only business ,where investor or a trader can take decision of max loss he /she could bears , while in offline business seems to predict how much max loss we could experience ! because we can build a house then after we could even face will a earth quake and losing 100% of that house, in my experience of above 5 years , what i...
maybe ill put in a pic later, but with the look of it it seems like a 8 dollar stock
While most oncological treatments focus on bombarding the body with toxic materials in hopes of killing cancerous cells, ImmunityBio, Inc. (Nasdaq: IBRX) utilizes immunology in order to find a solution. Its treatments usually focus on catalyzing NK cells, and T cells, which then kill cancerous cells. Currently, IBRX has a chance to showcase one of its treatments...
This is not a financial advice! Upcoming catalyst and block buys recently. SL under 1.6 Key level: 2.0 must be broken and hold for bullish confirmation. TP around 5.0 Only 83.44M float 32% Short float Most info on the chart. Trade carefully!
Breaking prior resistance. Has support at the 10 EMA and 50 MA. Higher highs, higher lows. 82 Million float
Descending triangle, RSI about to cross / has crossed into 50s, OBV is printing a bullish flag, it broke 50/20 emas. We may be looking at a break to high 5s / low 6.
Has been unable to find bottom yet. There is a chance of consolidating or reversal from around $11.23 area due to oversold condition. If there is further break down, the next support area is $8.78, which could be a strong support. Good case - consolidate or reversal from $11.23 Best case - $12.70 Bad case - $8.78 ——————————————————— How to read my charts? -...
CASE1 : If tomorrow if it follows up trend ( 16) - could hit 20 to 21 Zone CASE :If tomorrow Down trend - Will fall below 13 and will hit 12.5 - Will bounce back and will reach 16-21 zone this week
After breaking its potential upward moving channel, it bounced back from a support line. As of now, it is around a resistance. If it can pass and hold tomorrow, it may visit some higher values, as $19.40. If it cannot hold, then it will probably drop to about $17.2.
IBRX has broken its downward trend and trying to move up. If it can break through the resistance, it will start forming an upward moving channel.
IBRX somehow doesn't give much chart data from trading view, but it could possibly be entering a post-correction phase. It has been on my watchlist and it looks like it could have some ideas about the direction it wants to go. I see three possible scenarios: - 1) buyers begin to notice the stock and it goes up like a frickin rocket. (best) - 2) buyers don't...
Within the descending triangle pattern, a short term reversal may be coming. 20-40% possible.