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...
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
I will be sitting on the side lines for now on this but will be looking to make an entry in the low $11.00 zone to play on the pennant. Will need to watch the technical setup as well as volume and interest before I decide to make a move. I do think there is potential here and any new news on this will help the case. (Not Financial Advice) SIGA Technologies Inc...
Break above this bull flag will lead the price to reach a new ATH
Biotechs have been outperforming the overall market as of late and might become the leaders of the next bull market. This one is a bit speculative given the nature of biotech stocks and its low price. Keeping an eye on it. NASDAQ:SIGA
Looking like nice symetrical trinagle building in a large resiatnce breakout that occurred around 10$ 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...
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Entering a Bullish cycle from here We could see $75-$115 Entering 3rd and 4th Quater
Price on this Monthly timeframe is respecting this Gaussian Channel indicator at the upper band Constant bull rejections has ultimately lead to the current break out we see today
With the small rise of pox news going on in the U.S., be it the second case of monkeypox this year , to smallpox vials found at a vaccine research facility in Pennsylvania, it brings to question as to whether or not health companies that have the capability to manufacture vaccines, treatments, and test kits against smallpox will be the new growth sector of...
Friday Trade Swing through Monday. Pretty Simple trade. Catalyst is the EU approving their testing. Looking for it to keep this trend channel. Red is resistance, Green is the support trend lines. Resistance is at 9.77, looking to break through the 10 to test the 10.50 area. Have a Happy Day
Indicators looking good as SIGA recently broke-out of descending triangle. See Chart. Last bull run lasted ~66 days = Sept 13th. SIGA Technologies, Inc. is a commercial-stage pharmaceutical company. www.siga.com Not financial advice.
SIGA appears to be ending the downtrend and had a recent volume print about 5X over the average and the highest volume print in over 3 years. Idea = September 17th calls @ $7.50 strike. NOTE = HIGH RISK TRADE!! Not financial advice. MORE: SIGA Technologies, Inc. is a US based commercial-stage pharmaceutical company It offers orally administered antiviral...