As shown on the daily chart dating back to last summer SIGA has been on a persistent decline since the cooling down from the parabolic
breakout last summer. Is there a repeat in the picture? Fundamentally, earnings continue to be weak. much of the stock is held by insiders and
the whole monkey pox thing is settled down although the main product may have use...
Beautiful breakout of a bull pennant. Seems to be flagging on lower time frames. We could be looking for higher prices. Starter postion at 9.32. Bids at 9.25 if it wants to backtest. Needs to break and hold 9.40. Let’s goo good luck
$SIGA followed my chart very precisely and hit my short target💪
I just noticed that $SIGA actually forming a Bump and Run bearish pattern and it could dip even lower to $8-8.60
If it holds above the trendline and volume increases, this pattern may be invalid...
Very interesting level here for SIGA.
Not rushing into anything but if we can get this yellow level to hold as support and push higher. Could be a great long term entry.
Massive move down with no relief on the way down at all. With a massive level like this it could be a great opportunity for a swing
Large rising broadening wedge. Last discussion was talking about SIgA topping out in the 23.59 area. Now look what has happened since then We have dropped back to lower support. This is where we get greedy and load the boat with stops below 13.50. Try to get in closer to 14s if this holds we should see price resort to the upper sloping broadening resitance towards 24$
$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 💰
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...
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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...
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...
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...
