KURANice breakout but volume was less than impressive. Will be watching over the next couple days/weeks to look for a possible trade setup.
Key stats
Market capitalization
845.216MUSD
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−2.03USD
About Kura Oncology, Inc
ISIN
US50127T1097
Sector
Health Technology
Industry
Biotechnology
Website
kuraoncology.com
CEO
Troy E. Wilson
Headquarters
San Diego
Employees
133
Founded
2014
Kura Oncology, Inc. operates as a clinical-stage biopharmaceutical company, which engages in the research and development of medicines for the treatment of cancer. Its pipeline includes Tipifarnib, which is a Farnesyl transferase inhibitor for HRAS Mutant Solid Tumors, Chronic Myelomonocytic Leukemia, KO-947, which is an ERK inhibitor for MAPK Pathway Tumors, and KO-539, which is a Menin MLL inhibitor for acute leukemias. The company was founded by Troy E. Wilson, Yi Liu, Pingda Ren and Antonio Gualberto on August 22, 2014 and is headquartered in San Diego, CA.
KURA Breakout The 9ema recently crossed the 20 ema and the most recent candle managed to close above the descending weekly trend line above the 50 SMA for just the 2nd time since January.
The RSI is still low and the MACD crossed just a few days ago. I think the price bottomed out on 8/20 and the recent price i
KURA - UPDATE - ON LONG TERM SUPPORT CONFLUENCEAll,
I think previouis post I had my lines slightly off which of course makes a difference I think we are on confluence support and beyond oversold/downtrend has to at least pop somewhat in my opiniong even if its $4-5. Looking for a bounce soon between weekly/daily change then getting 5-10 OTM opt
KURA - FALLING WEDGE HUGE PLAY HERE OPTIONS OR STOCK All,
I think this has a massive play possible here.
Why:
-Confleunce support (horizontally) + trend support
-Falling wedge downtrend
-40MA tight against trend (if you're a VWAP person I'm sure you would see a VWAP play)
-RSI/MACD both good
Recent news very positive. Looking into options Monday
Kura OncologyChart pattern: Bull flag
Entry: 32.40$ (this would end the downtrend of the correction)
Stop: 24$
Target: 60$
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 3:1
Description: The chart is forming a bull flag with a nice corrective pattern. Target is the
KURAMID-TERM: 4hr and daily classic bullish divergence on both oscillators in a falling wedge. (not financial advice)
KURA - Short Setup January 28th (Smart-Money Setup) - (From Tuesday Trading Room) Would set stop at 34.13. First target 26.13. Second target momentum.
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0