This is not a financial advice!
Upcoming catalyst end of Feb 2024
Expecting a pre run up into the event.
Low float of 4.83M
SL under 6.3
TP approx. 13
If the catalysts will be positive, this can fly way higher!
Most info on the chart.
Trade carefully!
I posted a chart on NERV earlier this week and I believe we may have more still. Loved the volume that we saw going into our Friday (considering the rest of the market took quite a dump after the FOMC speech)
I have marked the level 1 and 2 support bounce. If it breaks below that I will re-assess my play but would love to see a break past $12 (heavy resistance)...
Buying wave 4 on the ELLIOTT WAVE selling wave 5...Buying pivot points at the .618 on the fibonanci retracement and selling the 1.618 on the fibonanci extension...Entry 9.89 exit 21.78....Not financial advise trade at your own risk...
NASDAQ:NERV
NERV is already well into the breakout (100%)
with a massive volume surge.
Probably too late to get into a buy high entry.
I will watch this for the fade from the parabolic move
to take a short or put option.
NASDAQ:NERV
Looking to take this trade if we can see some volume go into this stock in the next day or 2 here. I have marked my support and resistance zones that I will be trading off of. With a good technical setup I think we can capture a solid 5-10% move. (Not Financial Advice)
All,
I think NERV will break soon either this attempt or next just be patient or scale in. Absolute minimum I think NERV results in 30% if not 50%+ over time. Just keep and eye to see if it falls back down into pattern one last time.
I'm bullish on NERV and have played it for short pops before, but at this ATL level it's looking really attractive for a longer term play. Why? institutional ownership.
Per elite.finviz.com
NERV has a 41.21M Float and 42.72M Outstanding Shares, relatively low!
Insiders own 3.43%
Institutions own 65%
Short Interest % Float - 4.41%
190 total, 186 long only, 0...
Zig zag, followed by a correction on a correction. We are yet still to move up on this one. Goals in green, folks. GO Green!
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are...
Minerva Neurosciences Inc (NASDAQ:NERV) broke out and never stopped on Friday. There is a good chance the stock will continue to move up. We saw some unusual call options activity today Oct $2.5
Minerva Neurosciences Announces Appointment of Dr. Ramana Kuchibhatla as Senior Vice President and Head of Research & Development could have a good impact on current medical researchers and
Entry $1.95
Possible Targets
T1 $2.45
T2 $4.45
The silly prelude to this one doesn't seem so silly anymore. REAL MONEY is about to change hands in a big way if history does, in fact...repeat itself.
The fall due to the failed clinical trial messed things up for a while, but on January 15th, NERV again showed signs of life! More importantly, they brought back the SOUP SPOON
But this time around, the SPOON...
This is a Pre-Covid, Pre-Fall...Chart Analysis of Minerva Neurosciences
Why? ...you might ask
Because the past predicts the future with some of these stocks. NERV happens to have a unique and fun pattern.
This stock absolutely has a defined pattern that has been getting more aggressive over time.
I didn't reach back further than the PIPE...it MAY even...
52wk low hit, strong support at 1.91 $
WOLFE Wave Formed already, expecting a good impulsive wave to form next
Some Catalyst in horizon , earnings + FDA Decision
**NOT A FINANCIAL ADVICE TRADE AT YOUR OWN RISK
Minerva Neurosciences Inc is a clinical-stage biopharmaceutical company. It primarily focuses on the development and commercialization of a portfolio of product candidates to treat patients suffering from central nervous system diseases. The company's pipeline products include MIN-101, MIN-202, and MIN-301.
If you understand the idea,🎯 press a thumb up! 👍👍👍 Have...
