Analyzing the options chain and the chart patterns of ABCM Abcam plc prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $0.07. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Last post: April 18th. See chart . Review: Price had just broken out of the previous resistance level. Update: Price went back below the resistance level then went into consolidation, but has since made new highs and broken a higher resistance level. Conclusion: We will be looking for long opportunities following the next breakout. Any comments or questions,...
Abcam PLC broke through resistance after going through a period of consolidation and now looks like it wants to retest the support/resistance level. This stocks has been trending well since July 2014 and although the trend is consistent, this stock does experience periods of deep pullbacks. When trading a stock with deep pullbacks the trader has to bear this in...