PHARMA
$MNK One last HoorahTwo reasons for posting this chart.
1) MNK is a long standing established generic and specialty manufacturer with products that have real usage. This is NOT a one hit wonder biotech. It would be bought out before full bankruptcy.
2) More importantly, when was the last time you've seen a CLEAR bullish divergence on a MONTHLY chart?
This will be a bag I hold probably until the end of 2020, but I expect it's first leg breaking out of its downtrend within the next 6 weeks.
A Monthly bullish divergence MUST not be ignored. If you have money you are not actively trading with, THIS is where you put it.
As you can see the accumulation volume over the last 6 months is there as well.
Weekly has bullish divergences as well.
On a shorter time frame, the daily is flagging. Breakout point 3.20 with target of 5 dollars.
5 Stocks we are looking into for the Covid-19 VaccineFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, let me get into my insights. There was rumors that AstraZeneca wanted to merge w/ Gilead. However, it looks like this may not happen. Until, the books are closed don't get your hopes up, but invest as if you expect something like this to go down. As far as stocks such as Pfizer, Pfizer so far is greatly underrated in terms of growth potential during the vaccine trials period, and likely because of that it is due for a bullish run quite soon. NVAX and Moderna, I believe already have the most stable growth potential given the logarithmic curves. These 5 stocks may be quite interesting to look at given all these giants from Pfizer to Moderna to Gilead are working on being the forefront of the expected Covid19 vaccine delivery. If this is a huge revenue booster, that means obvious profit turn over potential. Also, it is likely better for a buy entry previous to August, September, and the winter when hype may start increasing. Lots of the excitement have very recently slowed down, and you likely don't want to wait for the hype if you do long term holds.
Pfizer Shizer; Do the Bears Have this One? 🏥 | PFIZER ($PFE)🧑⚕️ Pfizer recently announced that a clinical trial of its drug Ibrance hasn't worked out as a long-term treatment for breast cancer. This news is unfortunate on a few levels, but specifically, in terms of price, the impact isn't great. Upon releasing the news PFE dumped as analyst began to revise earnings expectations downward. This sell-off caused a reversal of the shorter term post-COVID downtrend and caused what appears to be a return to the pre-COVID downtrend. While we do think a short setup makes sense here given the facts, there is plenty of reason to be bullish from a longer-term point of view given Pfizer's projection that it could have a COVID vaccine by fall and given their funding of other COVID companies working on treatments.
Resources: www.jpost.com + www.marketwatch.com + www.barrons.com
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1. Fractal Trend is showing a fresh downtrend (Maroon colored bars) on the 1-hour timeframe.
2. With this strategy, we are looking for short setups in an downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon colored lines) and/or bearish S/R levels plotted by Directional Bias (Maroon colored lines).
3. The play here is simple, we are looking for a reaction at the R1 S/R flip and then are targeting the S1 orderblock at the current low. Then, by placing a stop just above the S/R flip, we have ourselves a solid 4.09 risk/reward ratio.
4. Other levels to the upside to watch here are R2 and R3 bearish orderblocks which should see a reaction if and when we move to the upside.
5. Below, the S2 and S3 bullish orderblocks should provide support if we move to the downside.
Keep in mind we are only looking to short weakness in the near term here, as time goes on PFE should find support and potential COVID cures could easily send this stock back up.
Until then, good luck bears!
AGEN - See Past Post - This ride isn't overAll,
See my previous post on my baby aka favorite stock. My entry was $2.28 on this. There pipeline was epic, FDA approvals and no price movement. Now it just hit every scanner and radar out there. I would not buy in now of course, but over time it will come back and retest the last high it left from. It may happen quickly but I would put my alert around 50% of the big bar. I will update later on re buy ins for this stock.
MNLO - FDA Approval - Trend Is Your FriendAll,
I think this is a buy and hold over weekend scenario. FDA approval is no joke (well at least in trading ;) lol). I think this is a gap up Monday and overall could double actually based on chart positioning.
TA Wise: we are forming an ascending triangle and topping out. However this is a bullish pattern. Very clear on 4H vs 15M we have yet to break full candle above just fake out candles.
QLGN - RTTR Merger - Soon to Bounce +30-85% Once it DoesAll,
I think we are coming to a double bottom soon. The weekly on QLGN it's obvious there was a massive double top + merger made it sail down. The Question here is where does it end? It is essentially down over 45%. It is going to hit that trend line coming down and most likely fail if you want to swing that. Overall it will recover just a matter of how long.
** DISCLAIMER: If one of there pipeline news comes out thats positive this went down so fast that it will skyrocket on news. So pay attention**
Levels I would look at at buy ins
Possible bounce now.
$5.80
$5.30
Alerts at buy in levels
ALSO alerts above current level like 5-10% starting now. that way you get alerted if it does start to take off. Remeber to use volume and make sure it's actually breaking out or has news. Not just some pump on a lower timeframe. Wait for a daily candle.
QLGN - RTTR Merger - Soon to Bounce
$CVS Fundamentally and Technically ReadyCVS is not just a pharmacy anymore, it is a healthcare brand
Minute clinics with healthcare providers, pharmacies, but most importantly, one of the top insurers in the country.
This means from top to bottom, CVS will handle your outpatient visit, insurance claim, and dispense your medication. One stop shop. Their future is bright
Technicals:
Huge inverse head and shoulders developing over the last weeks on the daily.
The hourly has hidden bullish divergences and now looks to be bottoming on the final arm of the pattern.
Slower mover typically so this is a buy and hold with the first target of 74.
Cross over resistance or bounce back? Depends on MACDWill the bulls continue pushing the price of Bridgebio Pharma through the resistance? RSI 14 shows no indication of their stocks being overbought and the pharma industry is doing well, so I think yes. But let´s wait for the next high of the MACD to see whether it converges or diverges with the price. In the case of a conversion, I call a breakthrough and long position!
VF Investment can not be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
Best Penny Stocks 🚀 to buy and watch in May 2020NASDAQ:EVFM
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FDA date of approval - 25th of May
Our Strategy with this Stock :
This company is a silent player in beer bug vaccination , I'm keeping an eye on it due to the strong upper trend of the company.
I'm putting two alarms, one at 2.99 to monitor any anticipatory run up.
I'm putting two alarms, one at 2.40 to monitor if it hit the support .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
The Best Part
You can follow me and apply my trades for FREE !!!
QUESTIONS ?
Please comment below , what you have in mind 😊
GWPH Long positionGWPH to provide QEarnings 11 May AMClose
Expected good results for the quarter and EPS.
The stock is bouncing on the 110 resistance level.
May drop to the trend line during trading time tomorrow 11 and pass the level on tuesday pre-market,
or is possible that the resistance is break tomorrow during trading hours.
TP1 - 120
TP2 - 130
SL - 95
Golden Goose IPO "PPD" This IPO was just listed on FEB, 6th 2020 and will be killing it every earnings and has the potential to big a really big play in the market during these times. The chart I have posted is a 4HR time frame. Definitely one to add to your portfolio for awhile! I can see this being a GOLDEN GOOSE to get into early during these times! options plays are good on this one as well to play.
Pivot points and resistance are $26.86 / $28 / $29.37 on the 4HR time frame. The Linear reg. channel is bullish on all time frames up to the 3 min. when it becomes semi neutral.
Listed at 100% buy right now on Robinhood
NASDAQ:PPD Inc. provides drug development services to the biopharmaceutical industry, focuses on helping customers bring their new medicines to patients around the world. The firm also provides clinical development and laboratory services to pharmaceutical, biotechnology, medical device and government organizations and other industry participants. Its clinical development services include all phases of development (Phase I-IV), peri- and post-approval and site and patient access services; laboratory services offers advanced testing services, including bioanalytical, biomarker, vaccine, good manufacturing practice and central laboratory services. The company was founded by Fred Eshelma in 1985 and is headquartered in Wilmington, NC.
Best Penny Stocks 🚀 to buy and watch in May 2020NASDAQ:AQST
😊Please LIKE & FOLLOW for more VIP Hunters signals , penny stocks
Our Strategy with this Stock :
the company will release the drug for Parkinson disease treatment,
The analysts are writing the stock at $17 to drive the sheep to buy the stock , while safe Traders will look for a high price of 6.18 $ .
I'm putting two alarms, one at 4.79 to monitor any anticipatory run up.
I'm putting two alarms, one at 3.37 to monitor if it hit the support .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
The Best Part
You can follow me and apply my trades for FREE !!!
QUESTIONS ?
Please comment below , what you have in mind 😊
Best Penny Stocks 🚀 to buy and watch in May 2020 NASDAQ:AYTU
😊Please LIKE & FOLLOW for more VIP Hunters signals , penny stocks
Our Strategy with this Stock :
This company specializes in UV light treatment and the previous history of this company how it strongly reacted with positive news and also negative news .
I'm putting two alarms, one at 1.70 to monitor any anticipatory run up.
I'm putting two alarms, one at 1.30 to monitor if it hit the support .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
The Best Part
You can follow me and apply my trades for FREE !!!
QUESTIONS ?
Please comment below , what you have in mind 😊