$ZLAB - Hot sector: China and biotechs - Building tight flag above 10 DMA - Low cheat below $50 pivot of larger base
I consider that at 22.62 the down trend has all the chances to have ended and it is possible to go up in a new upward trend
$ZLAB is a Chinese biotech company specializing in the treatment of cancer, among other things. In December an insider bought 4,000 shares. Also, hedge funds have been increasing their exposure to $ZLAB for the last 4 quarters. The stop is 7% below at the red line. There are 2 upper trend lines (yellow). My feeling is that $ZLAB will be unsuccessful at getting...
ZLAB,ETTX: Zai Lab Limited 2021-10-19 09:00:00 Zai Lab and Entasis Therapeutics Announce Positive Topline Results for Sulbactam-Durlobactam (SUL-DUR) from Phase 3 ATTACK Trial
My Watchlist: $JNCE $SRNE $SURF $UBX $BNTX $ZLAB $ATOS The bio market is getting hot again! Like and follow for more biotech ideas :) Happy Trading!
My biotech watchlist for this week: FDA Hype $GLYC $AGEN $GLSI $ONCY $MTEM $ALPN $ALPN $CMPI $ATXI Potential Swings $CTXR $UBX $ZLAB Like and follow for weekly bio watchlists :) Also please comment your favorite tickers; I would love to hear what you guys think. Happy Trading!
Zai Lab has partnered with Five Prime Therapuetics in the making and testing of the cancer treatment drug FPA144 + chemo (FIGHT). The stock is projected to rise 20+% on Friday, January 15, when the data is released. The data will be released 10:00-11:15 EST. Like and Follow if you want to see more trades like this.
ZLAB,MGNX: Zai Lab Limited 2020-12-16 20:15:08 Zai Lab Partner MacroGenics Announces FDA Approval of MARGENZA™ for Patients with Pretreated Metastatic HER2-Positive Breast Cancer
ZLAB: Zai Lab Limited 2020-05-28 07:37:40 Zai Lab Announces Positive Topline Results from the NORA Phase 3 Study of ZEJULA® as Maintenance Therapy for Chinese Patients with Platinum-sensitive, Recurrent Ovarian Cancer
After hit the pivot resistance, $ZLAB is pulling back to the support zone. It will most likely form a handle. If it breaks out $63.95, the pattern will be confirmed.
ZLAB an intriguing name, saw strong accumulation opening month of year and has rested
Secondary offering of 7.5 million shares at $20 per share. Sell $20.00ish I think the overreaction is due to investors starting to tighten up the belt due to market conditions. Again, this is just a quick swing off this full retracement. This just seems a bit overly reactionary to me. Stop 10%