ETON jumped on a big earnings report a week ago. This small cap biotechology company is making big money and traders responded. It has now experienced a standard 0.5 Fib level retracement pullback and traders early in the jump take profit. At this level new buyers have equilibrated with those selling their shares and taking profit. The ZL MACD lines are...
ETON: Eton Pharmaceuticals 2022-07-18 07:05:00 Eton Pharmaceuticals Announces FDA Approval of ZONISADE™ (Zonisamide Oral Suspension)
ETON: Eton Pharmaceuticals 2022-04-11 07:30:00 Eton Pharmaceuticals Announces FDA Approval of Cysteine Hydrochloride Injection
So,the blue areas are selling areas. Every time the price one of those areas the price drops. For every seller there needs to be a buyer. So then that red highlighted area is were shares are accumulated until there are no more sellers left. Price is reaching a monthly demand area. Who are the buyers? Why are they accumulating? And what do these buyers know? Lets...
ETON: Eton Pharmaceuticals 2021-06-15 10:37:52 Eton Pharmaceuticals Announces FDA Approval of Rezipres® (Ephedrine Hydrochloride Injection)
Hello! Taking a long in ETON at 8.77 with a modest target of 9.17.
NYSE:BHC and NASDAQ:ETON has a PDUFA date of Aug 10. Source: www.benzinga.com Disclaimer: Just an idea. Not recommending to buy or sell.
You can see in the chart a the price is in a strong support line , while the beauty of this stock in particular is its a penny stock for a pharmaceutical company , which its FDA date of approval was postponed from 03.17.2020 to unclear near date , FDA News it can be massive and it only depend if the drug is approved or Not ! and with ETON i see strong sign to buy...