CPRX is the #1 stock in the biotech group by almost every metric. The table on the chart shows its ranking out of all 795 biotech stocks by 3 metrics from IBD's MarketSmith. Sales and earnings are surging and the rate at which both are growing has increased in each of the last 4 quarters. The stock made a false breakout on December 14 when the market gapped up...
Ascending Triangles are a bullish pattern This is demonstrated by CPRX with a strong breakout Price from here can either retest or continue its breakout
Catalyst Pharma (CPRX) is an absolute monster. Not only is the company posting huge sales and earnings growth in a sector that rarely has either, the stock has more than doubled over the last few months. There are 801 stocks in the biotech group tracked by Investors Business Daily, and CPRX ranks at the very top (see image in chart). After such a large advance...
Good day traders! CPRX rallied 500% from the 1st moon shot, now it seems that it shows another strong mooning momentum. Oversold MACD & Stochastic RSI & dropped almost 50% from the 1st rally.. Goodluck traders! Enjoy!
LOCK AND LOAD! This might be the bottom and ready for a profitable reversal! Moon Shot!!
Catalyst Pharmaceuticals is a biopharmaceutical company that specializes in therapies for rare neurological and neuromuscular diseases. It announced its fourth-quarter and 2020 financial results on March 15, 2021, reporting a 16% increase in revenue for fiscal 2020 and a 30% increase in operating income. (investopedia.com) The company posted adjusted earnings of...
It reached 3.68$ again on November 30 finishing the cup. Now the handle has shown reaching 3.58$ so far. If next 10days goes above 3.68$ should as well pass 4$. Curious to see if this cup formation holds.
My prediction is that cprx cup will form a handle on 9-11 December at 3.7$. After the handle (don't know direction, straight or downtrend) should go up around 4.5$ then a retraction should happen. This may be a big prediction so check on your own if everything goes to this plan. However financials are good and this stock is cheap.
I'm thinking of two outcomes within 1 hour. Either creates the new support at price 3.41 or explodes above 3.46. This hour now, is the best moment to take a chance to enter this stock. Or you can stay aside and watch what next 3 15min candlesticks say.
There is hope for a big green candle... otherwise it will go down to continue the previous trend. What do you think?
It will either go down to repeat the up down trend or break up the resistance above. I don't see enough power to break the trend but I'm still looking for a sign.
Chart self explanatory #undervalued #LEMS #CMS #CPP109
nice looking set up on this bio play. watching for a move over 5 $XBI $CPRX
Dates in the future with the highest probability for price direction reversals
$CPRX would of been the easiest stock to trade since 2013. 2013: Gaped Down to around 0.50 and consolidated for awhile between 0.37-0.60 creating a strong support level. Half way through 2013 it broke out of consolidation and rallied for 2 years over 840% to 5.80. 2015: After it made this huge run It crashed all the way back down to its last major support zone...