Looking at the BCLI Brainstorm Cell Therapeutics options chain ahead of earnings , I would buy the $2 strike price Calls with
2023-8-18 expiration date for about
$0.50 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Frequent pattern by now. Flat in C Wave completion. Here we go.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
Buying around $13 in July last year. Break above 4.16, Stop signal 3.63. Target 4.93, Target 2 5.93. August $4.00 call options are 0.60. November $5.00 Call options are 0.75.
NASDAQ:BCLI
Possible Scenario: LONG
Evidence: Price Action
Call options, Strike 4$, 05/21/21
Call options, Strike 5$, 05/21/21
*It's ready to fly.
This is my idea and could be wrong 100%,
Demand Zone
RSI Divergence
MACD Divergence
Williams %R oversold
OBV is above SMA34
Entry 3.65
Stop 2.8
Target1 8
Target2 12
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Brainstorm Cell Therapeutics Inc is a biotechnology company. The company is developing novel adult stem cell therapies for debilitating neurodegenerative disorders such as Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig's disease), Progressive Multiple Sclerosis (PMS), and Parkinson's disease (PD). Brainstorm's NurOwn, its proprietary process for the...
Brainstorm Cell Therapeutics has activated a falling wedge with price target at $6.35 +24% from current price and also deactivated a second bearish impulse.
Hello fellow traders! Who bought the dip today? :)
Let's look at one of my positions that contrary to most of my other positions actually went up as the sell off ran in frenzy: BCLI. I have been scaling into BCLI for about two weeks after I identified the channel that formed after the huge drop of about 70% (look at that gap!). My average price is $5.25. The...
All price levels are algo targets. Expect a reaction at every one of those.
Green= Buy, possible dip target to reenter long
Red= Sell, dip expected at those regions
White= Has to break to confirm following price target
Arrows do not represent the time accurately.
BCLI had a very good come-up, propelled by their news of joining the Russel 2000 index ( source ) this looks like a classic first wave extension to me. Would expect the following corrective wave to follow suit.
Price Targets:
Conservative: 10.52
Aggressive: 9.35
Price-Point of Invalidation: $12.50
Option Contract to note:
www.barchart.com
