Possible end of this 1-2 1-2. Price is now at 0.618% with support of ema 150 on the daily tf. If confirmed, target is $225 for this sub-wave 3
I believe this is a beginning of a new era not the end! Not even close to the end! These stocks just crossed below their 200 EMA, and made serious reversal patterns! They will go down more with time! Reevaluate your stop loss would save you a lot !
Entry price: 90.75 Fundamentals : - Sector: Medical - Research - EPS % Chg (Last Qtr): 128% - EPS % Chg (Previous Qtr): 34% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 29% - Sales % Chg (Previous Qtr): 21% - 3-Year Sales Growth Rate: 23% - Annual Pre -Tax Margin: -30.4%
Target price for SDGR cup and handle is $140. Good way to go from here. I've picked up a decent amount. Wish I could grab more but still waiting for AAPL cup and handle to run up.
Earnings 3-4. Large effective Volume on Friday. No rising wedges noted in yearly chart. Up quite a bit today so perhaps wait for a good entry. This gapped up at open and I am not sure why? Perhaps smart money trying to skip over resistance...not sure but it is now over the prior high. Not a recommendation.. Schrödinger, Inc. provides computational...
We are in the midst of a biotech boom. SDGR sits to profit greatly, selling cost/time saving software. They sell drug/material discovery software to biotechs and pharma companies. They also fully or jointly own some early stage/preclinical drug programs as well. Here are the investment highlights I believe are key. 1- Their physics based software makes new...
Physics driven AI for Drug Discovery? Say less.
Laid out the info on SDGR cup and handle forming. After handle forms, it needs to close above $98 to complete the pattern. See my previous cup and handle calls! Follow me for more setups. Apple is our latest cup and handle call, completed the handle on 01/23/21. We are heavily invested in that one.
This has remained in the regression channel that I noted in my previous post. Just bounced off support of the upward channel and possibly heading up to resistance.
$SDGR – C/H I think $SDGR is forming a cup and handle…. I see a double bottom bounce and a bounce off the 20 day which seems to be a consistent EMA trend. EMA's lined up nicely. Technical oscillators and MA currently strong, RSI and CCI look positive. The volume profile is a bit lower and the MACD is questionable so I cant tell if it has already bounced or still...
$SDGR recovered from its low range support with a confirmation of Bullish Reversal Hammer Candlestick on 12th November 2020, also trading above its 50DMA in 4 months. The subsequent rally have also played out a Bullish Double Bottom chart pattern breakout on 23rd November 2020, defining a mid term trend channel during the run up. At the current junction,...