Double Bottom from the middle of October to the end of October which resulted in a beat on earnings/revenue. As of yesterday there was insider buying and it is currently in a bull flag on the 1 Hour.
If it can break somewhere around $41, the next stop is $46 plus.
Not financial advice. I'm just an idiot trying to have fun staying poor.
Avantor is having a nice steady run. Might be a bit overbought according to its RSI, but I do like that it is still a sub $40 stock. Will keep an eye on it.
From their website:
Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced...
Health Care : Life Sciences Tools & Services | Mid Cap Growth
Avantor, Inc. is a global provider of mission critical products and services. Its products include materials and consumables, equipment and instrumentation, and services and specialty procurement. Materials and consumables includes chemicals and reagents, lab products and supplies, specialized...
Yesterday's candle held most of the prior day's gain and closed above the .5 fib level. The MACD recently crossed and the RSI is still relatively low.
Looking for the .5 fibonacci level to hold and to go long.
Target: 33.04, 33.99
Bearish Divergence with Weak Candles seen, fundamentally nothing will push stocks up Since the monetary stimulus package that expected approval has been already priced in the market, and we are expecting a temporary rebound before next drop that would happen until 15 Feb
Avantor, Inc. is a provider of mission critical products and services to customers in the biopharma, healthcare, education and government, and advanced technologies and applied materials industries. It sells materials, equipment, instrumentation, and offers specialty procurement. The firm operates through the following segments: the Americas, Europe, and AMEA. The company was founded by John Townsend Baker in 1904 and is headquartered in Radnor, PA.
NYSE
