$SIGA Bearish Rising Wedge formation in the daily TF. It needs a correction to continue this run, it might test the support level at $16-17 then bounce from there. ** I called $SIGA since it was below $11 (check my previous TAs), so if you followed my TA I guess you made a killing profit 💰
most likely heads to final algo target of 22+ as long as we can hold above trend resistance, on my watchlist for scalps!
Daily closed above major resistance, this might lead it to continue the rally in the coming weeks 🔥
SIGA getting closer to a breakout 6 Weeks Long Base Trading above 200DMA Want to see Volume on higher side Institutional Ownership: 43% Institutional Transaction Last 3 Months: 12% Measured Target: 26
Break above this bull flag will lead the price to reach a new ATH
Siga needs to close below 21.40 on the daily timeframe for a short to $19-$18. If Siga closes about $21.50 on the daily timeframe we should see some more upside to new highs.
SIGA has an ascending channel pattern on the daily chart. A closer look at SIGA shows a bull flag formation on the hourly chart. I strongly believe that a break of the flag (on the hourly) will push SIGA above the upper trendline of the ascending channel (on the daily). The measured potential maximum move of the bull flag is approximately 4.18 points and the...
Last weeks short position achieved massive gains when this ticker made a parabolic downside move from 23 to 14, accompanied with two trading halts Now the chart is showing a textbook parabolic arc pattern. From base 3 to the top of 5 was a 100% gain Once this breaks structure I feel we will have massive downsized gains This stock is trading at 30 year highs, ...
Watching 23.60 area. For me it could turn up as rising resiatnce. I didn’t get to post about my entry yeateday at 17.75. I saw it come up on the news and also the chart looked great. 19.02 is monster support that has to hold up as it has bounce off it. Could this rising reistance reject us? If we closed above the.ln this idea will be invalid but as of now that’s...
Most Recent News - finance.yahoo.com This stock has been on my radar all week and has been a solid slow grinder play for me. I have scaled my positions along the way and have about 20% of my position left. It was a day full of green candles with steady volume going into each of them. The day consisted of SIGA setting higher highs all day with it closing off at...
This is Siga. If you view on a different chart this has formed a giant inverse head and shoulders on the monthly candle from 2011 From the bottom after re listing on the major exchanges ( it went otc pink back in the day) Measuring from the bottom to the top of a multi year ascending wedge Then measuring again from the resistance of the wedge to the price...
NEWS - World Health Organization has declared Monkeypox a global health emergency. There are a few stocks that are seeing a bullish move from this news, SIGA being one of them. Our all time high on this stock is $17.50 and this was back in May of this year. This has the potential to set a new HOD for us in the coming weeks. I have taken a position in the mid 15...
I will be sitting on the side lines for now on this but will be looking to make an entry in the low $11.00 zone to play on the pennant. Will need to watch the technical setup as well as volume and interest before I decide to make a move. I do think there is potential here and any new news on this will help the case. (Not Financial Advice) SIGA Technologies Inc...
Biotechs have been outperforming the overall market as of late and might become the leaders of the next bull market. This one is a bit speculative given the nature of biotech stocks and its low price. Keeping an eye on it. NASDAQ:SIGA
Looking like nice symetrical trinagle building in a large resiatnce breakout that occurred around 10$ area. This symetrical triangle is building pressure between 11$-13$. If we can pop 13$ and hold above as support target would Be 18.65. If we lose 10.90 and close below we could target down towards 6$
Nice breakout from that bullish pennant flag🔥 Monkeypox might be the next Pandemic (according to WHO) and $SIGA might be the next $MRNA (5000% up since the beginning of Covid)🚀📈
Hype and sentiment regarding a monkeypox outbreak has been the only driver in SIGAs price, apart from minor PR. Volume will slowly wither away, and investors will begin to take profits. It will not remain at this price range for much longer. Looks to be an easy short/put. Will be opening 10$ Puts with a June 17th expiry.
New York-based pharmaceutical firm SIGA Technologies (NASDAQ:SIGA) is among the companies to benefit from the growing threat of monkeypox, recently pushing its shares to an almost decade-high after the company obtained approval in Europe to use its TPOXX antiviral drug for the treatment of monkeypox. Smallpox jabs vs monkeypox On May 19, the World Health...