PYPL is close to breaking a multiple top resistance over 216NASDAQ:PYPL
After Cyber Monday and Black Friday are expected to be very good news on the company's profits.
The breakout now (if it occurs) will also actually be an all-time high.
Multipletopbreakout
$NOVN Is On Alert If Resistance Broken$NOVN has a multiple tops above $3, particularly $3.02 and the 52-week high of $3.24 a share.
$NOVN has been a runner in the past and we could get momentum players in the stock on new highs.
Novan, Inc., a clinical-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases. Its clinical stage product candidates include SB204, a topical monotherapy that is in Phase III pivotal clinical trials for the treatment of acne vulgaris; and SB206, a topical antiviral gel, which is in Phase III pivotal trials for the treatment of patients with external genital warts, and Phase II clinical trial for the treatment of molluscum contagiosum. The company’s clinical stage product candidates comprise SB208, a topical antifungal gel that is in Phase II proof-of-concept trial for the treatment of athlete’s foot and fungal nail infections; and SB414, a topical cream, which is in Phase Ib trial for the treatment of inflammatory skin diseases, such as psoriasis and atopic dermatitis. It has a license agreement with Sato Pharmaceutical Co., Ltd.; and a strategic alliance with Orion Corporation. Novan, Inc. was founded in 2006 and is headquartered in Morrisville, North Carolina.
As always, trade with caution and use protective stops.
Good luck to all!
CHATBTC - ANALYSIS A Triangle Pattern with a multiple top in this CHATBTC 15 min chart is apparently about to break. Triangles are not fun to analyse, however, by looking at the STOCH chart at the bottom of the main chart, we can see that the Triangle can break lower than MA200.
