I trade charts not fundamentals, this thing had ugly earnings and a Trump rumor of approval of cholesterol-lowering treatment drug make this run 300% in past 2 months. 30.5s is the big resistance, RSI peaking 80 3 times, this thing will correct soon. short 30.5, stop 31.5, don't marry it, it was breaking higher 2 times already, this thing was holding 9 EMA really...
Potential long. Reported solid phase 1 and phase 2 results for its drug Bempedoic Acid. Amgen is soon releasing results from a similar drug; if results are promising, $ESPR could trend up. Also forming cup and handle pattern.
A break of resistance at 72 can take this up to higher trend line at 90
Below the 100 SMA. Stock went 'too far, too fast'. Bearish gap. Stop above the 100 SMA.
Stock followed that up with an impressive $100 move until it touched this Friday. Risk vs Reward is good for a purchase here.
Breaks the uptrend line then sell. If not, buy more. Just let it play out. Don't panic.
This company has shifted from Micro cap to a Small Cap, That is a big deal. Wait for it to see the profit taking (distribution). Then add some puts and ride it lower. Limit your risk with options. Do not short this for a swing trade. Use Options.