Looks to be wanting to break out of its symmetrical triangle and should be a solid swing play. 0.618 fib is my profit taking zone.
If price action maintains levels above the basis of the BB then it should signal strength hopefully resulting in a breakout out of its symmetrical triangle to the 0.618 fib at $6.46 which implies a possible ~50% move towards the upside
It's nice tringle, good news from the company last few days, giving us big hope to move up share up to price - 4.13$ and then to entry price - 4.30$. Target price 5.50$, in the long term, expected more than 10$. It's not financial advice, only my privet ideas. Look to my ideas for different stocks. Good luck!!!!
$ABUS have a high evaluation above 5.5$ while its currently trading at 3.6 $ expecting profiting from $MRNA and $PFE patent royalties , currently touching rising trend line and it could be a good entry to start accumulating
Arbutus is on a wild ride of late, huge volatility has come into it since Nov as the vaccines came closer to being deployed, I have done a huge amount of DD on this stock and I am very very confident of 3X min by mid 2021. Brief outline of what is going on: Main catalyst in the coming years is Hep B vaccine/cure that may be able to dose as little as every 12...
Trading in a channel. I like the channel, The MACD looks like its turning to the upside, we are near a bottom of the channel, volume is low but we are near the 20 and 50 day MA... First target is at 4.95 - 5.00 This is where I would be taking most of my profits and re-assessing. Tight stop loss or monitoring is necessary.
Looks primed and ready for bull-break 20ma break is the key
$3.60 arrea was heavy resistance, now it's strong support. Touching trend line and Over sold RSI tuning green, prepping for another run up. Yahoo Finance says it's 26% under valued. Looks like a decent entry point with a SL below $3.60 Heavy Resistance at $4.50 and could turn into a H+S
Hi traders . NASDAQ:ABUS Following this ticker for some time and looking on play scenarios . News out there on patent etc are currently not in play IMO . But over all company has good fundamentals and we will try yo make some profits on it . There are some fundamental flaws and areas selected on chart and are my interest zones . I personally would...
Will Enter Long Today with 3.20 as Sl Tgt 5.90 & above
Contextual immersion trading strategy idea. Arbutus Biopharma Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of a cure for patients suffering from chronic Hepatitis B virus (HBV) infection in the United States. The demand for shares of the company looks higher than the supply. This and other conditions can...
BREAKOUT STOCK ALERT UPDATE $ABUS - Arbutus Biopharma Corporation - Common Stock Initial Alert Price: $3.73 Price High: $5.23 % Gains/Losses: 40.21% (40% More Than Expected) Stop Loss Limit: $4.97 Looking for ABUS to bounce through the $4.10 Levels of Resistance and retest the $5.00 Levels once again, at least $4.50. #Breakout #Stocks #Trading #Investing #Alerts...