As you can see we have a textbook Bullish flag pattern.
With positive earnings coupled with great news.
finance.yahoo.com
seekingalpha.com
The only downside is that EPS is at -0.18.
Leave a like if you like this idea! Possibilities to make huge profits in shorting AEZS longterm? MACD about to show sell signals.
It bounced down from the trendline yesterday, and the price is currently stuck between trendline and moving average.
I will have my eyes up for this stock for the next days! Waiting for my sell signal
Enter now for bigger risk! Or...
Hello Everyone,
In-regards to the data generated from the RSI indicator, (AEZS) appears to be in overbought price territory (4.65 - 4.75) within the last few days. There is strong implication to acknowledge a correction is in-order. Which could either a-test previous structure highs (as far back as 2017-2018).
Entry Point - (4.70 - 4.75) pay attention to open...
Looking for a potential run-up heading into the PDUFA announcement on 30-Dec.
Reasoning:
Ex-CEO David Dodd left the company just before a lawsuit was launched against him for trying to obtain personal rights for the lead drug candidate Macrilen. For him to act in such a way, its quite possible that he see good future potential for the product.
Buy zone: $1.60 -...
