Bull flag entry from last Thu looking to manage stop today as we move closer to 1R target
Should we see a strong day move past target will move stop up and trail. Stalling around 80% of target level will close our move stop tight.
NASDAQ:PCRX long setup:
Today's bar was very impressive and closed at the high of range and broke a possible trendline
The chart has a nice process over the last few months. Big bear trap in Oct followed by a higher low in Nov
20 EMA has crossed above the 50 EMA and they are both accelerating up
Entry above today's high at 59.36
Stop under Dec 16 low...
FLXN,PCRX: Flexion Therapeutics, Inc.
2021-10-11 07:00:00
Pacira BioSciences to Acquire Flexion Therapeutics Further Expanding Leadership Position in Non-Opioid Pain Management
This price move could indicate a change in the trend, and may be a sell signal for investors. Tickeron A.I.dvisor found 35 similar cases, and 31 were successful. Based on this data, the odds of success are 89%. Current price $57.52 crossed the resistance line at $60.33 and is trading between $60.33 resistance and $54.45 support lines. Throughout the month of...
Encouraging Bullish Price movements in daily, weekly and Monthly charts (forming).
Fib retracement over the last many years, bullish divergence in Stochastic and base formation is all favourable signs.
Feel free to share your views and comments.
Price rallied from August low almost 122% and gave up only 22%. It looks ready to head $82 if it manages to push above 68.70. Trade less and save more. Real-time alerts go www.2waytrading.com
