Price has been consolidation for some time, hard to say exactly since when but for more than a year. This stock is very explosive it can jump 35% in one week. The 11 resistance is the key, if it breaks out the next immediate resistance is at 14.6. Worth the shot.
• Trend is technically bullish, prices contained in an ascending channel
• Bulls need to clear first resistance at 17 before prices can resume the rally
• Second stiff resistance is at 20
• As highlighted on the chart, 20 level was acting as a resistance in late 2020 and turned into support in 2021 after being breached
• 20 figure needs to be cleared successfully...
$KALV KalVista Pharmaceuticals Reports Positive Results for KVD900 Phase 2 Demonstrating Statistically and Clinically Significant Responses Across All Endpoints as an Oral On-Demand Treatment for HAE Attacks
– Oral KVD900 Primary Endpoint Shows Only 15% Use of Rescue Medication in Patients with Hereditary Angioedema (HAE) –
– KVD900 Generally Safe and...
KALV looking very strong, its on a tear at the moment. It has big insider buying and strong twiggs money flow index. We think it will continue upward.
For ideal entry we would look for a upward break or pull back to 11 support area.
Really no option or shorts until today, didn’t, make the trade. Have to put myself out there to learn,earn or burn. I sure someone will school me . Don’t b shy. I look at all the dust on shares then see this price jump to sell. Refill the gap?
$Kalv setting up for a potential Bearish Butterfly
But it's still early to say for sure !!!
PRZ will be 9.33
I expect only to see T1 (8.28) happening due to - a completion of the pattern will break an important resistance line going way back. That could send the price of this stock very high. (Gaps to be closed).
T2 come in at 7.61
Time will show!
Best to...
PRZ at 9.76
Target 1: 8.40ish
Target 2: 7.59ish
Have to take out the 8.50 handle for this pattern to play out.
We'll trade this pattern long to the PRZ zone being montering it and then trade it down for the target mentioned above.
$KALV is about to get in geometry balance This biotech company shows all indications on going higher. Just got above EMA100 on...
