Lantheus Holdings ( NASDAQ:LNTH ) has been on a major run recently after an earnings beat. Insiders started selling shares ($3.3 million) in late February/early March 2022 after it popped from the $28s to a current high of $54.10. It is highly overextended and has hit it's historical resistance based on the highs from 2015 and 2017 (blue resistance line on the...
Looking for a reversal to $43.32 or much lower with a large gap to fill. Will add on any increase in price next week. Why do people chase these stocks after earnings?
$LNTH cup with handle setup.
Volume pattern looks great with multiple pocket pivots, strong OBV and High U/D Ratio
Works as pullback setup on that handle as well.
Contextual immersion trading strategy idea.
Lantheus Holdings, Inc. develops, manufactures, and commercializes diagnostic and therapeutic agents and products that assist clinicians in the diagnosis and treatment of heart, cancer, and other diseases worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause...
In my opinion the coincidence of the SMA 200 weekly with the 50% of Fibonacci level, as well as the RSI level under 20, is a nice opportunity to enter at the level around 16,00.
I will put my stop loss around 5% than 16,00. The enigma about this correction is if is a 2 or an A wave!
Go ahead
– No interconnectable formations within main formation
– No leg since mid 2016 (extremely bearish), must return to lower trend line
– Significant volume drop (below average), sharp corrections expected
– Unbroken PSAR series from 2016 to 2018 will now be mirrored in a down trend
– 8 out of 9 indicators point to much lower stock value, 1 'neutral
Very straight...
Watch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
LNHT seems topping on 4h and daily chart, failing 2 times on breaking the top. If it fails for the third time the drop will be huge, otherwise it is the beginning of a strong wave to the upside. Let's see how it develops.
