Macro symmetrical triangle micro c/h's, healthcare sector seems bullish this coming year (XLV) not sure of other confluence. Still working its way down, watching for breakout
1. Bullish, medium risk
2. healthcare/ biotech sector
3. micro-cap
4. Inflow>outflow per webull
5.Buy volume 2.75m Sell volume 3.73k per webull
6.Financials: increase in revenue, need investing cash flow
7.PR's: merger, securities allocation, experiment updates
8. Invalidation point:
Break and hold below $6 would invalidate this analysis
9.Entry:
7-7.50
10.Target
9-12
11. Keep an eye- indicators, c/h, inverse h/s
8. Possible confluence: healthcare, XLV, PFE, AZN
1. Bullish, medium risk
2. healthcare/ biotech sector
3. micro-cap
4. Inflow>outflow per webull
5.Buy volume 2.75m Sell volume 3.73k per webull
6.Financials: increase in revenue, need investing cash flow
7.PR's: merger, securities allocation, experiment updates
8. Invalidation point:
Break and hold below $6 would invalidate this analysis
9.Entry:
7-7.50
10.Target
9-12
11. Keep an eye- indicators, c/h, inverse h/s
8. Possible confluence: healthcare, XLV, PFE, AZN