NASDAQ:LXRX Technical Analysis for LXRX: If LXRX breaks above the bullish line of $4.00, it may indicate a bullish signal and suggest potential upward price movement. In this scenario, the target prices (TP) could be set at $4.50 and $6.00 as bullish targets. Conversely, if LXRX breaks below the bearish line of $2.87, it may suggest a bearish signal and imply...
NASDAQ:LXRX LXRX has gained over 100% in the past month However it appears to be forming a double top in a potential short trade setup on the two hour chart. The K/D crossover on the hot RSI oscillator provides confirmation. Short Sale Volume is rising in the past two days. Findamentals - LXRX has a new medication for heart failure a common medical problem...
Just like TXMD, I like Lexicon too. BB is an indicator that even though I don't rely on, but together with RSI -and some other factors and market conditions- it's not a bad idea to consider looking at it. The vertical lines represent the buy and sell moments on this chart, please note where the price was at those points on the Bollinger Band and what value we saw...
NASDAQ:LXRX Possible Scenario: LONG Evidence: Price Action, Momentum TP1: 4.40$ TP2: 4.80$ TP3: 5.80 Call options, Strike 5$, 01/21/2022 Call options, Strike 4$, 09/17/2021 *This is my idea and could be wrong 100%.
Possibility to gain again? It looks like it want to crawl up on a support line (green). I've packed bags here a little. Indicators are almost reversed to bullish. But it still can go lower if it breaks the support line. Remember to have a stop loss below the support line. There is a big gap below 5.60. There also could happen a bear trap, quick fall and then...
I can see a wave count Wave has clean wave 3 up Followed by a rather not flat but a retrace zig-zag type wave 4 down If the price goes above the box, I will buy it at the marked location
Possible Buy Setup on #LXRX I can see a Wave 3 and 4 This could lead to a new wave 5 Entry: $7.70 First Target: $8.80 If achieved close half and move SL to Breakeven
I like this Chart I like their numbers I like my lines LXRX is testing a new frontier... Stand by
Trying hard to breakout of the pullback channel. If it breaks out of the channel with volume in addition to a positive PR then the first target would be the gap fill of 4.16-4.25 and the next target would be 4.85. If it breaks down pull back support would be 2.96
Lexicon Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of pharmaceutical products for the treatment of human disease. It drug candidates include XERMELO, Sotagliflozin, LX2761, and LX9211. The company was founded by Brian P. Zambrowicz and Arthur T. Sands on July 7, 1995 and is headquartered in The Woodlands, TX. SHORT...