Dupixent all the way? Looks like the new blockbuster that will save SANOFI from this 2 year trading range!
The PEAD projected a Bullish outlook for $SNY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 90%.
I see Sanofi may get a correction on wednesday's market. Sanofi is on a supply zone which may be a strong resistance. The divergence system shows the price is close the overbought area. A bearish candlestick on D1 may be my confirmation. Set your own money management !!
The PEAD projected a Neutral outlook for $SANY after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
SNY and TBIO buttoned up the news this morning sending a bunch of other biotech stocks running higher. Now that this is out of the way, levels could be important for longs looking for "what's next" and the 236 Fib level seems to be that area to watch. It was an area that the volatile SNY stock settled above for weeks and now is an area it hasn't been able to...
seeing lot's of strenght in other big pharmas too, but sanofi seems to bit of a leader this current rally is probably due for correction or digestion
After assessing Sanofi both technically and fundamentally my position on it is a strong buy.
These are all known for either originally developed the or recently came into the agreement to mass produce Pfizer-BioNTech coronavirus vaccine. Weights are calculated by relative market cap.
Strong Buy signals based on my machine learning / ranking algorithms. Purely machine learning based, but offering margin of safety with strong fundamentals, China exposure and dividend yield.
Possible move:6.5-7.5 Reward/Risk:4-4.5 (R/R>3 is Ideal) Time frame: 2wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Forming subsequent ABC Pattern, broke the floor. Fibonacci targets in place. Quite close to the first one by the way. We're going down. Down, down, down. NFA
No rising wedges noted and is close to B/O (breakout) Stop can be below handle low or melow mid cup Everyone has a different tolerance on stops. I think it is imperative to have a goal in mind before you place a trade. I am working on trying to focus on just a few trades at a time as I have an issue with wanting to buy everything! LOL I end up with smaller...
PRNB,SNY: Sanofi 2020-08-17 01:00:00 Sanofi to acquire Principia Biopharma
On news about USA addiction from Chinese factories. www.wsj.com
very nice upward triangle, near the apex. Almost break the upper resistance level. Keep an eye out. Green is profit taking areas, red is stop lost.
NASDAQ:SNY is showing signs that it is heading up to around the 54.5 area .There is a possibility that It could return back to around the 48 area and then bounce back from there to around the 54.5 area but I think price would rather break significantly above the 50 until around the 54-55 area .