I like PRVB. Thinking it will do really well in 2021. $40 - $70 and a buyout is the idea. It has been accumulated for the last 18 months between 6 and 17 with several catalysts on the horizon and it's starting to poke out of that range.
New issue, primary base being built, new trend likely as supply here is dwindling.
I like it over 24.68. Expecting new trend resolution by October, 2018, so a relatively short trade for me.
Buy on breakout, risk 5%, add on pivots, look for $30+.
I like long $SMHI over $25pps. IPO open price has given overhead supply for several months now, once it gives it should allow a new trend to form. Earnings to navigate early August, but generally this looks like a great opportunity in a relatively new issue.
Bullish sector should provide a sales tailwind going into 2019. If they execute well, the sky's the...