My favourite pattern! Lets see it break out. MRAI is a new IPO in telehealth, I like the technicals a lot. It hit near 7s in premarket. Not financial advice!
I love this pattern and I think its just a matter of time for SLV. Looking cheap right now sitting at support, I'm getting some farther out calls to be safe (like December), but I'm thinking it should have a run in the next couple months.
I'm new to technical trading but with the overall uptrend of WING and this pennant forming, I'll be looking to buy September call options next time the price touches the blue support trendline. Their revenues are great and they've made explosive moves on earnings in the past, I love the overall uptrend.
I'm new to technical analysis, but this looks like a descending wedge pattern to me. Bullish, needs confirmation of the PDUFA date and can rocket. I listened to their CC this morning, ITRM is in communication and collaboration with FDA. They said as far as they know, the FDA approval can still be late July as planned. I'm bullish, I'd love to hear others thoughts.
