if we hold above 2.30$ we should bounce and test RS at 3.08$- if we hold above 3.08$ we going to see price momentum shift to 4.90$
XERS the correction leg, Wave-C has started. 1-2years, it will touch $9 -ish target
This is a pendulum pick that I've gotten a couple times now. I have it on my calendar for tomorrow for some possible entry or action. I received it last week or Monday (can't recall), then again today. I seldom look up companies, but today I did look under "news", and a week ago there was an article from zacks (via yahoo finance) that headlined the "surging" IV in...
Xeris Pharmaceuticals Inc (NASDAQ:XERS) It was mentioned last week as a potential breakout play and it did not disappoint us. The stock finally broke above the key resistance line of this sideways pattern yesterday on a move up 49 cents to $4.81. The volume was what we want to see when a stock breaks resistance. Let the 200-day EMA (purple line) be your guide.
Xeris Pharmaceuticals Inc (NASDAQ:XERS) Will it break up this resistance level next week? The stock has been forming a bullish flag trend continuation pattern for the past several days, just under the 200-day EMA with a 4.42 buy point. With good trading volume, the stock could be poised to trade higher to test its next level of resistance around 5.09 Long setup on watch.
I getting long Xeris Pharmaceuticals, Inc here. I have been bullish this stock for a while and like the price action right here. As always stop losses and limits will be also down to price action.
TLDR: Long XERS above 4.26, expecting dip on monday before move to 5-5.35 by thursday. XERS has been hype for a few days now, and based on the broader price levels, there's a potential elliott wave forming. Pattern: (0) Move started on the 2nd. (1) Hit this in friday, 4th in AM, so we're lookin at around 2 days per step. (2) Shorter leg so a perfect retrace...
See a bullish breakout on the chart. Broke out the resistance. Great entry right now for a short swing trade.
Failed for a breakout. Still on a downtrend. Next support 3.73 if it bounces off this level it'll be in good shape.
Bullish on this swing. A great entry. Once it breaks the $4.61 level watching for a squeeze!
The current price is at the POC line (YTD) and the RSI is at 38. Also the MACD crossing has me feeling bullish. I feel this is a good entry with low risk. I will buy my first lot tomorrow if it opens green and add additional shares at $4.91 when it moves as anticipated. Hard stop at $3.98 Targeting recent high $7.94
#SWINGIDEA. Bullish breakout forming with a lot of upward potential
Analysis: *note. I entered this trade on 2/4 @ 6.58. Analysis done for that date. Daily chart- After long downtrend, price in sideways market between 1.55-5.89 for 316 days. Price has made a series of higher lows into resistance creating a trendline support level. This shows bull strength from the buyers willingness to buy at higher prices. Since 12/15, price...