Looking for a reasonable set up for a call, this on one I like to maybe move back to $14...
Demand zone below support line 11/03 7 AM earning, down to demand Next better demand zone entry at 11. Entry 12.2 Stop 11.5 Target 17 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
If you want a biotech to go long this may be a good play at 13 with a solid bounce. Fundamentals pretty solid here as well.
$BCRX biotech name that had a 90% run up in few weeks now consolidating into a box pattern. Earnings tomorrow before the bell. Should be interesting.
BCRX BioCryst Pharmaceuticals Trade setup Creating HH & HL Price is respecting support around 15.16 Looking for big push. Tp $22
WATCHING $BCRX for ENTRY TARGET @ 14.44 Look to the right. Entry target in grey. Sell target in green. Double position target in red. That’s it.
Pretty straight forward here, since its inception has followed this same pattern. No position yet, waiting for a clear failure of the top red channel for short term short position. Break here and verify support will take swing position with a 20-25 target. If fail in red channel, short target is $8, but wouldn't doubt revisiting 3's again in the event of market dump.
NASDAQ:BCRX 's Drug (Orladeyo) was recently approved by the european commission for sale in europe : European Approval document: www.ema.europa.eu wiki page on the drug: en.wikipedia.org This was previously only available in the US via prescription. Access to additional markets should be healthy for the companies' balance sheet. My plan: Short...
Not much resistance in up here. This can fly with one good news. This is the stock to have in this bad market. Direction is pretty clearly bullish.
I entered around $13.80 riding on hype (saddest trip). The Bears seem to still be in control. Good support around 8.81.
Buy put 12, April 16 I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live...
BCRX is trading inside a perfect ascending triangle pattern. - BioCryst annnounced this week that the company will host a virtual R&D day on Monday, March 22, 2021 from 9:00 am to 11:00 am ET. - As with many catalyst and events, this could be a "sell the news" and we could see the price sell off on Monday, as the stock already saw a cool 5% gain on Friday in...
BCRK is at the support zone of a critical bull flag/symetrical triangle pattern. If and when we see a break either way I will take the trade in that respective direction.