$SAGE is an interesting stock here, has pending catalysts for mid 2023, which fit the expectations from the Time@Mode technical pattern at hand here.
Consider the volatility of these biotech names when entering, stock could move huge after data comes out (up or down) but odds are good that it breaks to the upside given the technical pattern suggesting the smart...
Big volume, end of the day Sep 17 shows that nstitutionals are buying.
There is a reason: SAGE receives Fast Track Designation for SAGE-718 for the Treatment of Huntington’s Disease
Technically looks strong: cap and handle pattern is bullish
SAGE: Sage Therapeutics, Inc.
2021-09-15 06:30:00
Sage Therapeutics Receives Fast Track Designation for SAGE-718 for the Treatment of Huntington’s Disease
My favorite bearish neutral trade for today.
Losing only upside, I like the extreme high IVR values to play.
Reasons to play this:
1/ After event, big selloff, high implied volatility.
2/ Extreme High Implied Volatility, good for credit strategies
3/ I can boost my original bearish vertical spread with 2 bottom legs at fib 0.786 to boosting my reward almost zero...
Sept 2
I missed the initial trade back at $40.00, but looking to enter into this tomorrow. You can use a more aggressive stop loss if you want, but this is still in a momentum trade and the open range for the next two weeks suggests a bullish overall market.
Quick analysis of SAGE shows a massive drop in December when phase 3 of the trial did not meet the...
Contextual immersion trading strategy idea.
Sage Therapeutics, Inc., a biopharmaceutical company, develops and commercializes novel medicines to treat central nervous system (CNS) disorders.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long...
A move here will be completely news driven. U would have to give it room to breathe. But this hasn't had anything out in awhile and can run like a bandit on anything good.
