Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:SLDB ... I believe this code is at a point of potential volatility. If price can hold above $6.77 ... Bullish potential may be unlocked. My key upside targets include: - $8.41 (Conservative) - $10.80 (Medium) - $13.53 (Aggressive) ...
This is not a financial advice! Most info on the chart. Trade carefully!
Solid Biosciences Inc., a life science company, engages in developing therapies for duchenne muscular dystrophy (DMD) in the United States.
TECHNICAL ANALYSIS EN//// Price closed a GAP of 20% on June 21. We see a clear trend change, price is now above the MA 20 & 50, looking for bounces in the MA50 and Ichimoku Clouds. On March 21 it made a GAP DOWN of -14%, which the price should close. Total Debt: 4.6 M Vs Total Assets 285.2 M Total insider Buys/Sells last 6 months: Buys $27,688,435 Sells...
Solid Biosciences Announces FDA Lifts Clinical Hold on IGNITE DMD Phase I/II Clinical Trial As announced in July 2020, the FDA had requested further manufacturing information, updated safety and efficacy data for all patients dosed, and provided direction on total viral load to be administered per patient. Based on the Company’s response to these requests, the...
Bullish Flag, Confirmed! Pros: Descending volume during formation Long candle at break out, but no volume spike PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 16 250RSI above 50 200MA ascending Golden cross circled in blue Target: PT = 10.85$
Potential entry above $7.55 Target price $8.85
This is what a failing firm looks like. Funny reading the posts on ST re this POS.
Solid Biosciences Announces $90 Million Private Placement Solid Biosciences has entered into a securities purchase agreement with a select group of institutional investors and accredited investors for a $90 million private placement, which is expected to close on or about December 15, 2020, subject to the satisfaction of customary closing conditions. The private...
After the $90M Private Placement of shares at $3.70, the price of SLDB rose. It is now trading with resistance and support at the fibonacci lines. Looking for an upwards break of these resistance lines for more upside potential.
Potential reversal underway in SLDB, Alert set for break above $ 3.60 Target $4.00 to daily resistance $4.17 - Fibonacci 0.382 level. MACVD bullish crossover. RSI in reversal and crossed mid point
Some of the best ways to enter in to a market is to let the move rush higher and nab the first pullback that occurs if you missed the ride. Seeing a quick flush pre-market may be the shot to push it back up to highs.
Biotech buyouts have been very strong, especially with Gene therapy stocks as of late. Bounced off Lower end of channel Gartley pattern bounced off 1.618 fib extension along with important reversal leg of Elliott Wave Theory. if price holds inside the lower end of the channel there is a potential move back up and test the gap. looking for nice $0.40+ swing...
SLDB reverse H&S and possible reverse to an uptrend. The neck about 8.45 Target about 20.00
Looks great, I'm in. Stop loss below that nasty wick.