Taking a look at this chart I saw a lot of bullish indicators and very few bearish. I expect earnings to either be in line or beat with strong future guidance.
Technically CERE is set up for a nice move and once this move happens a new bottom of .53 will be created. Lots of news coming out of CERE camp. Mostly partnerships but each one important.
Selling until support @ 15.14 when it tests support. I would not like to go into earnings with the trade but will see what information comes out in the next couple of weeks. Technically very heavy and with FED hinting towards a longer time
to raise rates and the bad GDP number we received last week expect pressure to continue.
With the new pressure on Bio's upon us I wanted to take a look at a stock I have long liked and especially like at this level. With new patents and a bunch of new drugs in the pipeline it will happen quickly and suddenly. The chart shows great strength as it has held up when others have fallen and I look for a move over the next month to 4.66. All it needs is a...
The last time INTC's chart performed the death cross it traded from 26.60 to 19.30 in a short period, well it has happened again. Right now we are trading at 30.79 but the pressure is mounting as institutional selling has begun. This to me looks like a great short , at least until earnings in April. INTC's forward looking guidance has the stocks estimate at...
Might be time to start realizing that this bank may not make it, at least how it is constituted. Uncertainty, bad technicals, and an uncertain future make this stock an easy short.
Been trading this one for a few months waiting for this convergence of technical, fundamental, and news and we get there this week. All indicators are pointing to the sky here and this has the capability to trade over 2.30 near term, depending on earnings reporting on Tuesday. Volume has been increasing, sentiment is skyrocketing, and technical lining up.
Had a strong breakout from Bullish Pennant but since has reverted back to support. Looking for a quick retest of .54 within the next week and up to $1.00 in July. Good news and publicity lately. I am long CERE but for you day traders this may be a nice little trade for the week.
If you take a look at this chart there is a potential breakout forming with several bullish indicators. Cup without handle technical formation, MACD crossover, 200 day and 50 day MA converging, new patents approved, and a lot in the pipeline, take a look.
