Lime Green = Go. Just entered CERN Long PositionStrike: 77.50
Expiration: 6/19/2020
Number of Calls: Too Many
Number of Puts: 20% of Too Many
NASDAQ:CERN
Healthcare
Cheap CATS for the Bullish TradersWeekly Chart :
4 Years of Bullish Trend (Since 2016) Proved that The MUT (Major Up Trendline) is nothing but a Rock Solid Support.
The last Covid-19 Crisis found Support on the MUT as well.
1:
2:
As we zoom in the Weekly Pictures, we notice the Strong Bullish reaction on The MUT - Backed by Market optimism and bullish movments in the Major Indicies.
Daily Chart :
The fact that the Price have been pushed highly and strongly above 17.86 and found Support there , showing us the reability of that level - Which gives us the confidence to Set New Trades from that level!
On the Minor Level, note the break of the DMT (Down Minor Trendline) - A sign for the end of the Correction and the begining of a new Minor/Intermediate Rally,
The Trading Plan :
Buy When we recive a Bullish Minor confirmation for the Last green Reversal Candle, around 17.95 level.
Set the Stoploss on 14.43 and The first TP (Take Profit) Target on 29.77.
Possible Scenarios :
1. If the price will go too high on the coming monday it will get us out of the optimal Risk-Return Ratio - Do not take the trade on a Random price level!
2. If the Price will go lower from 17.95 -
a. The price will create new bottom below 17.95 and will find Buyers there who will take the price between the bottom and 17.95 -in that scenario we will split the TP for 2 : 17.95 - 20%, 29.77 - 80%.
b. The price will go down strongly below 17.95 and will continue towards the 12.88 level or the MUT - such scenario shows us change in the trading atmosphere, and therfore, we will need to create new anaylsis in order to initiate new trades from those levels.
Good Luck!
CVM About to Start New RallyWeekly Chart :
AMEX:CVM Finished the Major Down Trend on April 2019, and from then is in a solid Secondary Up Trend.
Note 13.50 Historical level, which serve us as a good support to form a trade.
Daily Chart :
Minor Down Trend about to end (Yellow):
Line Chart :
The Trade Plan :
Wait for a Clear Bullish Minor sign -
1. Strong buying Candle on 13.50 Level .
2. Retest of the Orange Trendline and closing above the Yellow Trendline.
FPH accumulation within the zone with trendline supportKeeping it really simple here since deep research and analysis are meaningless in this market.
Historically strong trendline support
Accumulation within the range, on strong support
Long term moving average support 200EMA
MACD oversold
RSI oversold
Can't ask for more technicals in check.
The current market is underweight healthcare as economies are reopening. Regardless, FPH is a solid company with good fundamentals(if they matter anymore)
$DXCM can fall in the next daysContextual immersion trading strategy idea.
DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $344,13;
stop-loss — $364,83.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$NTLA can rise in the next daysContextual immersion trading strategy idea.
Intellia Therapeutics, Inc., a genome editing company, focuses on the development of therapeutics. It utilizes a biological tool known as the Clustered, Regularly Interspaced Short Palindromic Repeats/CRISPR associated 9 (CRISPR/Cas9) system.
The share price rose after the company announced an expansion of its partnership with Regeneron Pharmaceuticals (REGN).
The pair will jointly develop drug candidates to treat hereditary blood disorders hemophilia A and hemophilia B. Additionally, Regeneron Pharmaceuticals will gain rights to develop drug candidates using both in vivo (inside the body) and ex vivo (outside the body) drug candidates and delivery tools developed by Intellia Therapeutics — www.fool.com
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $22,24;
stop-loss — $21,25.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MGLN can rise in the next daysContextual immersion trading strategy idea.
Magellan Health, Inc. provides healthcare management services in the United States.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $73,93;
stop-loss — $69,24.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$OSUR can fall in the next daysContextual immersion trading strategy idea.
OraSure Technologies, Inc., together with its subsidiaries, develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices.
The share price fell after the company announced the pricing of an underwritten offering of 8,000,000 shares of its common stock at a price of $11.00 per share.
The demand for shares of the company still looks lower than the supply.
So I opened a short position from $11,93;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ASRT can rise in the next daysContextual immersion trading strategy idea.
Assertio Therapeutics, Inc., a specialty pharmaceutical company, provides medicines in neurology, orphan, and specialty areas in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,02;
stop-loss — $0,95.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ARGX can rise in the next daysContextual immersion trading strategy idea.
Agile Therapeutics, Inc., a women's healthcare company, focuses on the research, development, and commercialization of prescription contraceptive products for women.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,18;
stop-loss — $2,82.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
COMPUGEN $CGEN "BREAKINGOUT"It is breaking the buy point out today. The volume is about to exceed the average. watch for channel resistances.
12 months Consensus Price Target: $18.57
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Big Biotechs Ascending TriangleIBB is forming an ascending triangle, which is a continuation pattern after the breakout.
Important to note the 20sma, which has been very supportive in the trend. The is also some support we can see many candlesticks with bottom wicks, meaning the shorts were met with buyers very quickly.
$ADAP can rise in the next daysContextual immersion trading strategy idea.
Adaptimmune Therapeutics plc, a clinical-stage biopharmaceutical company, focuses on providing novel cell therapies primarily to patients with solid tumors in the United States.
Friday morning the company presented positive data on its experimental cell therapy, which is designed to treat a range of cancers. It causes a rise in the share price. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $11,85;
stop-loss — $11,18.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Is APHA about to break out of a Bullish Flag?On a micro trading level APHA appears to have formed a bullish flag pattern, but the top resistance of the bullish flag is the same resistance of a more macro Ascending Triangle. Interesting.
The breakout to the upside will be modestly significant in terms of shaping the macro trend, IMO.
$CERC can rise in the next daysContextual immersion trading strategy idea.
Cerecor Inc., a pharmaceutical company, focuses on pediatric health care.
The company announced it has received clearance from the U.S. Food and Drug Administration (FDA) to proceed with a proof-of-concept clinical trial of its anti-LIGHT monoclonal antibody CERC-002 in patients with COVID-19 cytokine storm induced Acute Respiratory Distress Syndrome (ARDS).
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,97;
stop-loss — $2,76.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
UnitedHealth Group $UNHIt tries to break the buy point of $304. After break out, it will try to get in the channel which will bring it to the target that is upper channel
12 months Consensus Price Target: $322.10
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
$TLRY can rise in the next daysContextual immersion trading strategy idea.
Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $10,29;
stop-loss — $8,90.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CJJD can rise in the next daysContextual immersion trading strategy idea.
China Jo-Jo Drugstores, Inc., together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,16;
stop-loss — $2,92.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!