let us se what happens here. The company has finansed it's pipelines and have also good thing in pipeline beside the selling of its vaccines.
Observation: The stock usually breaks out after yearly consolidation. The stock is in own universe and uncorrelated with market moves. Positive : The company has revised its revenue guidance twice. Negative: Very low liquidity stock
VCP pattern observed with confirmation of volumes. Enter with long position.
Clear VCP pattern observed with improvement in fundamentals. Growth stock with 2022 to be a breakout year in revenue. Watch closely.
The stock is in its own universe i.e. un correlated with market. Fundamentally the company has manageable debt, sufficient EBIT, decent PE and bright future. Technically it shows the end of downtrend, confirmation of the same and VCP. It is highly illiquid, hence aim to quickly get in and get out. Possibility to go long if it takes out high from the latest...
Coming off the bear market rally the stock has corrected 50% while the broad market corrected 29%. End of downtrend confirmation. Possibility to go long if tennis ball action persists during pull back.
Please notice the beauty. The trend and possible breakout is unseen
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
The stock is in a declining trend channel. It appears scroll. of the long moving averages and charts. Looking back, there will be a support around 480 (5 year chart). RSI 21 and OBV have gone up and then flattened out somewhat when you look at the last 40 days. The last week some hammer candlestick pointing down. MA and oscillators stand one month on neutral....
Some thoughts about two potential setups. I'm most likely to believe in a bearish move on the shorter timeframe. But who knows?
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
Strong resistande at 150 - if beyond next target about 173