Catalent is an interesting company because it managed to get added to the S&P 500 before Tesla in early September. It also traces its history back to the creation of soft-gel pills in the early 1930s.
CTLT has trended higher most of the year, fueled by strong results. The stock rallied after its last earnings report on November 3, and has now retraced most of...
$CTLT is projected to have a neutral outlook with a positive under reaction after earnings with the PEAD placing the stock in Drift A.
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Catalent (CTLT) has contracts to make three of the leading Covid-19 vaccine candidates.
In the company's June-quarter earnings release early Monday, CEO John Chiminski said a shift to more innovative technologies is "reflected in more than 50 Covid-19-related program wins."
Among other gains, Chiminski said Catalent has built its cash position to more than $950...
Hey guys, CATALENT is at a great moment in its history, it is reaching its highest historical level.
I give you my opinion on this one so CATALENT is in a bullish configuration, it is in an equilibrium zone which it tested at the end of the session with a large volume of purchase.
Great potential which breakout its area to try to go to its highest with the high...
Catalent Inc (CTLT - NYSE) is in impulse up in 60 min time frame. In weekly time frame its in WXY wave patter, where Y wave is moving up in ABC up. Currently it is in C wave up. In 60 min its in 5th wave up, which is further subdividing. It is in 2nd wave correction of final wave up, which is about to end soon, it must hold the invalidation level.
I'm looking for low-risk buy where demand has exceeded supply in a big way in an uptrend. We have a fresh level at $64. Notice how price jumps out of this level to around $70. I have my stop loss at around $62.50 which is risking $1.50. My target is about 3x or more than my stop-loss.
Analysis done on 25/05/2020
Fundamental
→ 20 & 40 SMA sloping up
→ 20MA > 40MA
Awaiting buy trigger
→ CCI <-100
→ Low of daily bar touches 20MA or goes below 20MA
→ Close above 40MA
Pull trigger
→ Buy 1 bid above previous day high
→ Sell 5 bars later exclusive of initial bar
Stop Loss
→ 50% below price bought
Here is another good looking stock. I like the way the Moving averages all converged then a nice pop above all of them. I'm in this one, think it will run.
CTLT has formed a bearish AB=CD pattern with an internal bearish crab, along with some bearish divergence on the VW-MACD.
AB=CD
- .618/1.618
Bearish Crab
- 1.618XA
- 2.618BC
