BBIO
BBIO – A Promising Stock & Buy OpportunityNASDAQ:BBIO has been performing very well since May of 2022, and has recently been in a downtrend. BBIO lost support at the light blue support line, and more recently had a bullish rebound off the yellow support line. I think BBIO is likely to present more buy opportunities around $27.15, and this is a stock that is worth monitoring for a trade setup.
bbio daily buy/hold setup 200% gains strong chart🔸Hello guys, let's review the daily price chart for BBIO today. Noteworthy compression in
progress, and also a decent sequence of higher lows, therefore expecting more gains in BBIO.
Short-term pullback into May/June, however should find support near 10 usd later. Currently
trading at 15.85 usd. Open liquidity gap near 30 usd will be targeted by the bulls.
🔸BridgeBio Pharma Inc. (BridgeBio) is a commercial-stage biopharmaceutical company
founded to discover, create, test and deliver transformative medicines to treat patients
who suffer from genetic diseases and cancers with clear genetic drivers.
🔸Recommended strategy BBIO bulls: wait until the pullback to print a third higher low near
10 usd and buy/hold. TP1 is 20 USD TP2 final is 30 USD, 200% gains for patient traders.
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BridgeBio Making bridges to bigger broker accounts. BBIO Yes, another pharma stock in the green. Let's go, baby!
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!