NOVN$NOVN RSI way overbought, could reject here retest .36c B4 breaking up or could just power through straight to .80c So I am holding & watching
Pharmaceuticals
LXXGF LEXAGENE ON A SHORT TERM DOWNTREND TO TEST 53 CENTSLXXGF LEXAGENE holdings is on a short term downtrend to test the SSSA line on its weekly charts.
Short term target is $0.53. A break of $0.53 below will test $0.30 (All time Lows)
A break above $0.67 will resume its uptrend to test $0.80.
Pivot to the upside is at $0.80 cents for any upside breakout to the highs.
BioNTech Stock Will Soar With Its First-Mover Vaccine AdvantageNASDAQ:BNTX a German company and its american partner NYSE:PFE
will likely have a first-mover advantage in the coronavirus vaccine race in the U.S. This will affect both stocks, once the final vaccine results are in.
Assuming the bottom is in and we are about to continue the Trend as previously, im expecting a big move after the approval, so dont forget to take risk of the table!
The reason for this is that the two companies are expecting to be the first to produce large-scale results from their Phase 2/3 clinical trials in October, according to Barron’s.
Depending on how effective their vaccine is, the U.S. Food and Drug Administration may even grant it emergency-use authorization
The advantage of their trial is that it is large, involving more than 30,000 participants.
The FDA wants to see at least 50% efficacy in trials before granting any Covid-19 authorization.
Why BioNTechs Vaccine Looks Like a Winner
With Pfizer in the back FDA and President Donald Trump are likely to move quickly.
According to them even the first small study with 24 Persons that took their messenger RNA vaccine produced antibodies.
With a lower doses usage of the vaccine and developed antibodies after 28 days — at levels about two times higher than in normal, recovering Covid-19 patients.
BioNTech and Fosun Pharma to Potentially Supply 10 Million Doses of BioNTech’s BNT162 to Hong Kong SAR and Macao SAR
Also a Deal to Supply Japan with 120 Million Doses of Their BNT162 mRNA-Based Vaccine Candidat
This combined with the huge buying volume and market shifts will grant momentum for bigger goals.
Just think about what ccould happen when they get kinda a monopol situation going for them.
Thank you for take the time and reading this and as always stay storng in those shaky times!
Sebastian
RLFTF - Penny Stock Heating UpAnticipating some positive news from RLFTF's and further FDA approval for it's Aviptadil.
ABCDE Triagle wave approaching completion, confirmed by Williams Alligator, and Fib Retracement
A bounced off 0.382 level
C bounced off 0.5 level
Look for E confirmation off 0.618 level
Should price exit the triangle formation, setting target @ $1.2
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.
Merck a strong value with strong technicals and upcoming newsI've been holding Merck since its big dip to $76 back in June. At the time I set a price target of $82:
However, I didn't sell at $82 and have continued to hold the stock due to strong fundamentals, technicals, news, and sentiment. Merck has positive earnings and sales growth, with PEG ratio of 1.7 and PSG ratio of 2.3. It has a nice dividend yield at 2.9%, a rarity for a stock with such strong growth. Analysts rate it highly, with an average score of 80.25/100 from S&P Global and an Equity Starmine Summary Score of 8.5/10. With a put/call ratio of 0.41, sentiment on Merck is stronger than on most of the other stocks I watch. It's got a good ESG score and a long history of beating analyst estimates. Plus it's poised to benefit from some hype around its antiviral drug intended to fight Covid-19 that starts clinical trials in September.
In technical terms, Merck recently broke out of a triangle, got a couple bullish moving average crosses, and today broke out above its recent trading range. If Merck oscillates down to its moving averages, I may use that as an opportunity to add to my position. I think the stock still has plenty of upside, especially when the clinical trial headlines start to hit.
ADMP Correcting StillStill think we have another low in this correction. Looking around ~.75 area right now. Will turn more bullish if breaks through ~1.15
BIOSEARCH: Potential H&S despite good fundamentalsOn July 10, after issuing a warning that the firm would expect higher than usual profits, BIOS jumped >20% that friday. Then, once its quarterly earnings were released, it was clear the company had not tricked us: + 25.8% REVENUES OF 14.3 MILLION IN THE FIRST SEMESTER, +44.2% to 5.5 million euros in Plant extracts business line, probiotics business registered a growth of 47.4%, standing at 3.2 million euros, driven mainly by the Women’s Health segment. Net profit was up +501,7% in the first semester of 2020. EBITDA of €1,96 million (+92,8% Semester over Semester).
However, technical analysis suggests to short the company until 1.04 or even 0.95 level (and some other analysts from FX Street say 0.87). As it is usual in summer, the company is experiencing low volume levels so if volume starts increasing, BIOS' share price may go up easily as Reig Jofre or ROVI did. So, long-term trend is bullish up until 2018 maximums of 1.95-2€. August is bearish.
relatively high PER: (57*1.13)/1.04 = 62
Not higher than RJFE's PER = 77
ROVI's PER = 95
And lower than:
FAES FARMA PER = 21.53 (very undervalued in my opinion)
PHARMA MAR PER = 14 (unstable company, needs more history to determine its viability. it could certainly be a good investment due to its low PER, but remember first semester 2019 it experienced losses instead of profits)
These PERs here were calculated based on net profit from first semester 2020 only.
AB=CD Pattern Replacement to Catch the TrendAURO Pharma is on marathon but a sprint marathon exhausts the athlete and the same happens to the stocks. AB=CD pattern would make the point D- a point of in flexion and fall all the way to POC level marked, from where again a buying opportunity can be tapped by the incumbent buyers and from the initiative buyer looking for a discounted entry .
SUNPHARMA awakens from slumber.Well, atleast the charts say so.The stock on the weekly horizon is making an Inverted Head and Shoulders, the target for which comes to be about 680 odd levels. On the daily horizon, the stock is well above the key EMAs. Besides, the price shows no divergence with respect to the RSI and Stochastics.
This post is solely for education purpose.
Ajanta pharmaHello!! its Ajanta pharma now...... mmmm I personally don't like pharma stocks much but this looks good and it is in a rangebound condition for now and the red bold red lines are very good resistances and supports ....... if it breaks the resistance some rally of 100-200 pt.s can be seen. #my_view #learner
PFE - 1H - 21.07.2020#PFE - 1H - MACD divergece already descounted?
Notable divergence on our 1H MACD. The key question here is that if has been already discounted on the last bullish run from 31 USD to 36 USD?
Today we have reach an importan resistance on 37 USD level. If there is not any news about COVID vaccine among these days, we will have a healthy correction of the price during the rest of the week.
Why I am Long on $MMEDFRight now one of the stocks that have my attention, (partly because of Kevin O'Leary) and the rest of its history is Mind Medicine (MindMed Inc.) They are one of the first companies finding a way to neutralize LSD while working on a DMT based therapy drug. Also, the market cap and entry is low. This is one of those stocks where you need to dig deep into the pitch deck and look at competition, market opportunities, and entry price. Right now as a biotech company, it is one of my favorite low priced biotech stocks, and as a long hold in somebody's portfolio, I don't think the risk aversion is too high. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
Biogen trend line to watchBiogen today reported a huge earning beat, but disappointing guidance for the rest of the year. When you crunch the numbers, the midpoint of Biogen's guidance range for 2H 2020 came in slightly below Street consensus for both earnings and revenues.
Biogen has a reasonable, but not great valuation, with forward PEG of 3.78 and forward PSG of 1.27. It's currently in the lower half (26th percentile) of its three-year valuation range in terms of forward P/S and forward P/E. Biogen pays no dividend, and as a result the stock is more volatile than a dividend-paying stock would be.
Sentiment on Biogen improved quite a bit today. There have been no analyst upgrades yet, but options traders moved from net-bearish to net-bullish positioning for the short term, and from net-bearish to net-neutral positioning for the long term.
We're coming up on the strong season for pharmaceutical stocks in August. Biogen has only one phase 2 clinical trial result due in the second half of 2020 for its multiple sclerosis drug, but there are five results due in the first half of 2021, including a phase 3. These could prove to be major catalysts for the stock over the next year.
For the near term, watch for a possible trend line break as a sign that the stock will move higher.
ABBV buy the dip ahead of pharma seasonAbbvie's volume has slackened somewhat after its recent triangle breakout, and it has broken its steep upward trendline. We may see a small correction late this month as Abbvie pulls back toward triangle top. However, if healthcare and pharmaceutical sector earnings continue to deliver this month (as they have so far), then Abbvie should get some buying volume along with the rest of the sector.
And then in August, a period of seasonal pharmaceutical strength begins. In The Stock Traders' Almanac, Jeffrey Hirsch makes an extensive study of seasonal stock market performance by sectors. His third-best-performing seasonal trade by average 10-year return (16.8%) is to go long biotech from early August to early March. I believe that's because this is the busy season for FDA drug application reviews.
The pharma sector does have an unusual level of political risk this year. Democrats have traditionally been hard on the pharma sector, and they look poised this year for a sweep. If the polls remain strongly blue, then we might see pharma underperform this year.
That said, I think a lot of the political risk is already priced in. Whereas most of the stocks I look at are at the very top of their 3-year valuation range in terms of forward earnings and sales, pharmaceutical companies like Abbvie and Merck are trading in the bottom quartile of their 3-year valuation range. With forward PEG ratio around 2, forward PSG ratio around 0.5, and a whopping 5% dividend, Abbvie looks really attractively valued. I've been doing a lot of deal-hunting lately, and this is one of the only stocks I've seen with both a strong growth story and a valuation I really like. The analysts and options traders like it too; Abbvie has a 9.9/10 Equity Starmine Summary Score, and near-dated options positions are heavily skewed toward calls.
Vanda Pharmaceuticals! Earnings 40% Trade!!FA:
Earings release- the last earnings where the estimate was higher than 0.05 per share it led to the stock rallying by 40%- unless, the earings surprise is a negative one; we can expect a rally from Vanda Pharmaceuticals.
TA:
Currently been trading in a limited channel- lack of momentum could lead to a dump if earnings estimate is negative or perhaps mean no rally even if the earnings estimate is positive.
Watch out for the resistance, it is unlikely to take it out in these market conditions.
-Megalodon Whales (Rahim)
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Abbot Laboratories $ABT "Cup"$ABT is forming cup needs to hold above $100 for a confirmation. watch for a heavy volume as well
12 months Consensus Price Target: $103.67
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