SRPT (Sarepta) is Bull to at least 72.81
Prediction: SRPT (Sarepta) is Bull to at least 72.81
Reasons:
A good/decent Bull Pattern has emerged (Before closing) that is pointing upwards, and the Trends momentum is strong enough to push through the current resistance and reach the next resistance point of 72.81. And also, the main index for small biotech XBI is also showing bull signs.
As you can see on the chart, the Alligator Mouth has a decent strength, and so does the MA (53.33%), The Oscillators is Neutral (slightly bearish) but the momentum was good, so it is to be expected. Before post/pre market data it had a Sell signal (-27.27%) but with the post/pre market it improved to Neutral (-9.09%) which is a good sign. Also, Volume Flow is on an increasing trend thus giving SRPT more fuel to pump.
And finally, the volatility squeeze is not enough for the stock to collapse/reverse so all in all the signs are pointing to bull.
Reasons:
A good/decent Bull Pattern has emerged (Before closing) that is pointing upwards, and the Trends momentum is strong enough to push through the current resistance and reach the next resistance point of 72.81. And also, the main index for small biotech XBI is also showing bull signs.
As you can see on the chart, the Alligator Mouth has a decent strength, and so does the MA (53.33%), The Oscillators is Neutral (slightly bearish) but the momentum was good, so it is to be expected. Before post/pre market data it had a Sell signal (-27.27%) but with the post/pre market it improved to Neutral (-9.09%) which is a good sign. Also, Volume Flow is on an increasing trend thus giving SRPT more fuel to pump.
And finally, the volatility squeeze is not enough for the stock to collapse/reverse so all in all the signs are pointing to bull.
Comment:
Accuracy is much higher now. Ignore my first 6 stock ideas posted July/August 2021.