HRTX has been suggested by various trading websites as a potentially explosive penny biotech
stock for 2024. It has experienced excellent price actions since an earnings beat in November.
It beat the estimates; that is to say it burned about half as much cash as the analysts estimated
the it would. Today it pumped 11%. Relevant articles can be found compiled...
Weekly timeframe RSI reminds me a Lot of Coinbase before it mega mooned.
In the context of the monthly timeframe, look where we are, all time lows. and bullish DIV on the MACD.
I don't know anything about this stock, just looking at the chart.
Heron Therapeutics, Inc - a biotech company whose main products are drugs for nausea and vomiting caused by chemotherapy (CINV), as well as painkillers. Capitalization of $1.2 billion. Located in San Diego, USA.
In May of this year, the company received FDA approval for its "breakthrough" pain medication ZYNRELEF, which will change in surgery.
ZYNRELEF is the...
There are very clearly visible daily order blocks on both side of the price. Wait for price to come to those zones and then look for rejection on a smaller time frame - then trade along.
$HRTX has 4hr/Daily hidden bullish divergence on both the MACD and RSI for both! Testing a trendline support and at a horizontal historical support. I have provided multiple targets if you want a short term and long term target. I will likely target the previous high which is also a historical resistance. Looks really good to me.
Just a matter of time before this stock is back into the 20s!!! Great support and looking to make a strong push back to highs within the next few months.
HRTX: Heron Therapeutics, Inc.
2019-10-02 07:45:00
Heron Announces Positive Topline Results from Phase 3b Clinical Study of HTX-011 in Total Knee Arthroplasty
First, I am not a financial analysis, and anything you see here is not my advice. I do not give financial advice.
This chart will show you where to set stop losses, to ensure you profit and spot the direction the stock is moving. Right now it is down, and everyone is scared. But. panic selling is an opportunity to get in at a low price, not to mention they have...
