On the above 2-week chart uniQure N.V. price action has corrected 90% without the aid of share splits. A number of reasons now exist to consider a long position. They include:
1) Price action returns to legacy support.
2) RSI resistance breakout.
3) Strong positive divergence as measured over a 2-month period. Look left.
4) No share splits.
5) Price action previously topped out at the Fibonacci 1.414. Were that performance to repeat price action would top out at $215 with a 3600% return.
Is it possible price action continues to correct? Sure. Is it probable? No.
Ww
Type: Investment Risk: <6% Timeframe for long: Qrt 1 2024 Stop loss: Will say elsewhere
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You don't want to miss this.
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To the best of my knowledge, support has been confirmed.
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Did you miss out on VAXRT? These ideas take equals amount of study as they do patience. Achieving both makes you the 10%.
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It's time. This is one trade alert you don't want to ignore.
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To the moooooooooon!
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PS, please don't chase the market. A massive gap has been left in the chart. Gaps get filled the majority of the time and currently that gap sits at 3.90. Wait for the market to come to you.
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Too many messages... Be patient, let the market come to you.
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Allow 3-6 months on ideas. Not investment advice. DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.