$AVDL can fall in the next daysContextual immersion trading strategy idea.
Avadel Pharmaceuticals operates as a specialty pharmaceutical company in the United States, France, and Ireland.
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 $5,23;
stop-loss — $5,89.
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!
Healthcarestocks
PTQ.V -- Trading at discount to $25M bought deal financingJust closed bought deal financing at $1.15. Oversold on the hourly. Hot sector.
Pharma looks fugly on a relative basisBreaking down through support, this is what kept me out of trading PFE to the long-side even though it looked bullish. With the elections coming up and democrats leading the polls, I'd stay away from pharma and insurers. Lean towards medical devices if you need healthcare exposure.
Is Canopy trading in a bullish flag?It's very likely this plays out bearishly as a descending triangle, Canopy recently released earnings & the price continued to sell off immediately in the days following, despite the financials improving from previous quarters, and despite strong beverage sales the market seems to favor the U.S focused MSO's at the moment.
Canopy will need some compelling news to break this pattern to the upside.
Canopy is displaying a Symmetrical Triangle pattern as well, notice the green upward sloping line of support, Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines.
Aleafia is potentially trading in an Ascending Triangle.AH is forming an Ascending Triangle or potentially a Bullish Flag, the dark green line is the base of either a bullish flag or descending triangle, the dark red line is clearly the downward sloping resistance of the pattern.
The dark blue upward sloping line of support has seen multiple bullish reactions upon being tested, I have placed three blue arrows to represent each time we've seen bullish price action upon the blue upward sloping line of support. The blue question mark is where I expect to see another bullish bounce keeping an Ascending Triangle & Bullish Flag intact.
Keep an eye on the divergence that will likely emerge on the RSI if another bounce happens in the price & a rejection comes into confluence with the previous two rejections on both the RSI & price.
$ALGN can rise in the next daysContextual immersion trading strategy idea.
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services.
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 $299,35;
stop-loss — $279,00.
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!
Falling Wedge breakout.APHA has broken the downward sloping resistance of the Falling Wedge pattern outlined in blue flush to the upside, and upon back testing the area of resistance it's now turned into support.
Notice the higher high creation for the first time since 2018 ATH's?
The Green pattern in this chart is an Ascending Triangle, and upon break out of this pattern APHA has created a Macro higher high.
Any pull back in APHA would need to hold either the top of the ascending triangle upon a back test, or the upward sloping green line of support if there's to be continued bullish price action.
$ACOR can rise in the next daysContextual immersion trading strategy idea.
Acorda Therapeutics, Inc., a biopharmaceutical company, develops and commercializes therapies for neurological disorders 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 $0,86;
stop-loss — $0,81.
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!
$PRPO can rise in the next daysContextual immersion trading strategy idea.
Precipio, Inc., a cancer diagnostics company, provides diagnostic products and services in the United States oncology market.
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 $1,51;
stop-loss — $1,34.
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!
$FIXX can rise in the next daysContextual immersion trading strategy idea.
Homology Medicines, Inc., a genetic medicine company, focuses on transforming the lives of patients suffering from rare genetic diseases.
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 $16,45;
stop-loss — $15,75.
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!
$CTIC can rise in the next daysContextual immersion trading strategy idea.
CTI BioPharma Corp., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers.
The share prose rose after the company had announced enrollment of first patient in the COVID-19 PRE-VENT phase 3 clinical trial.
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 $1,38;
stop-loss — $1,25.
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!
$CEMI can rise in the next daysContextual immersion trading strategy idea.
Chembio Diagnostics has a strong upward trend.
The company develops, manufactures, and commercializes point-of-care diagnostic tests, in particular, COVID-19 tests.
This and other conditions can cause a rise in the share price in the next days.
I saw it again and opened a long position from $5,03;
stop-loss — $4,81.
Information about take-profits and stop-loss 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!
LHS appears to be trading in a Macro descending channel.Since LHS has broken down from a Descending Triangle in May/June 2019, the Dark Blue Line is the floor of the Descending Triangle FYI, we've seen bullish support near the bottom of the red downward sloping channel multiple times, I wouldn't be surprised to see a retest of the bottom channel again before breaking out of the pattern bullishly to the upside.
This chart is done on a five year log scale.
$BPMC can rise in the next daysContextual immersion trading strategy idea.
Blueprint Medicines Corporation develops drugs of small molecule kinase inhibitors that target genomic drivers in genomically defined cancers, rare diseases, and cancer immunotherapy.
The share prose rose after the company had announced the deal with pharma giant Roche (RHHBY) to sell a cancer treatment, pralsetinib.
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 $79,21;
stop-loss — $76,47.
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!
$BLI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Berkeley Lights is a leading digital-cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.
The share price is rising and gonna continue this trend today.
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 today.
So I opened a long position from $58,00;
take-profit — $77,00;
stop-loss — $50,00.
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.
Potential descending channel for MMED?The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down.
KEY TAKEAWAYS
A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend.
Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries.
A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
$TRHC Tabula Rasa Health Potential BreakoutNice triangle and support over the past few days despite the selloff from Monday. Interesting SaaS + Healthcare play that hasn't yet spiked like other Cloud companies. Small market cap provides the ability to quickly multiply in the short term. 10-K suggest partnerships coming to fruition by H2 2020.
$RIGL can rise in the next daysContextual immersion trading strategy idea.
Rigel Pharmaceuticals, Inc., a biotechnology company, engages in the discovery and development of small molecule drugs for the treatment of immune and hematologic disorders, cancer, and rare diseases.
The share prose rose after the company had announced that a drug used to treat an autoimmune disorder will be tested in a clinical trial in the United Kingdom as a treatment for COVID-19 pneumonia.
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 $2,19;
stop-loss — $2,00.
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!
$FLDM can rise in the next daysContextual immersion trading strategy idea.
Fluidigm Corporation creates, manufactures, and markets technologies and tools for life sciences research.
The share prose rose after the company had announced that Fluidigm mass cytometry technology and the Maxpar Direct Immune Profiling Assay are being utilized in a prospective observational cohort surveillance study of up to 2,000 adult participants hospitalized with COVID-19. — finance.yahoo.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 $5,86;
stop-loss — $5,41.
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!
$BLFS can rise in the next daysContextual immersion trading strategy idea.
BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools for the cell and gene therapy industry.
The share prose rose after the company had announced preliminary revenue for the second quarter and used the opportunity to raise $75 million — 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 $19,14;
stop-loss — $17,88.
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!
Possibly an Inverted H&S for Aleafia Health? In blue I have outlined a bullish flag or descending triangle, or possibly a falling wedge, it appears as though momentum is leaning towards the bears creating a series of lower highs, but the blue downward sloping line of resistance looks like it's about to be breached to the upside, and continued bullish price action could possibly create a inverted H&S pattern.
Only time will tell.