ZURA a med tech microcap with catalysts LONGZURA a penny stock has catalysts- an FDA action is soon upcoming and an insider bought a lot
more shares. The 120-minute chart shows a solid trend up since earnings March 28th. This
pre-revenue company beat earnings with less cash burn than expected. Another earnings
report is about a month away. Price has settled to the support of the longest EMA line.
I see an opportunity here for a long trade toward the earnings in a month. The longer black RSI
line above the 50 level while the shorter green line shows the oversold undervalued condition
for an entry.
Pill
BMY- a large cap pharm loosing market cap SHORTBMY is here on the daily chart. The double top and death cross of the EMA moving averages
makes for a strong candidate to short with shares or take put options. A comparsion of the
most recent earnings report with the previous one sixty days earlier tells most of the story.
The dual time frame RSI indicator shows ongoing wekaness. I will short BMY here and take some
call options as well. I am in LLY long in a big position. This will be a race in opposite directions
for two large cap pharmaceuticals.
PILL 3x Leverage Medical/ Pharma ETF for swing LONGAMEX:PILL
On the 4H Chart, current market price is sitting on the support
of order blocks and the EMA200, while in an uptend from
a double bottom in the sprint. It is moving into the high volume
area of the voluxme profile. For the swing trade, the stop loss is
$0.10 below the EMA200 while the targets are marked
based on a combination of the horizontal resistances of
prior swing pivots along with sell order blocks and
the structure of the volume profile. Accordingly, this
trade risks $0.60 for about $ 4 to $ 5 of upside making for
an excellent swing setup especially since healthcare, medical
and pharmacueticals are known to be recession resilient and
ETFs are inherently diversified making leveraging a risk probably
worth taking.
STAA medical suppy small cap catching up from Covid LONGSTAA is a medical company specialized in implantable lenses. Many of those needing
lens replacements for cataracts put things off during the COVID era and eye surgeons are now
catching up on backed up patient loads. Medical insurance companies are burdened with
patients catching up from the covid delays for elective surgeries. The surgeons and medical
supply companies on the other hand are experiencing growth.
STRO a biotech startup flips into positive earnings LONGSTRO on a 240 minute chart got trader interest out of earnings that were projected to be net
cash outflow into reported actual earnings. This is a remarkable turnaround. The RSI lines
surged. The predictive algorithm which relies on a lookback of the regression line for analysis
toward the future forecasts a move up much higher. I will take a long trade here seeking 50-60%
in a month although the forecast is for a doubling.
BCAB post earnings is set up LONGBCAB a medical technology penny stock had a good beat on earnings. This means the cash
burn was only 70% of what was expected. On the strength of that traders reached. The
indicators suggest more upside including RSI lines crossing over the 50 level and the MACD
lines bouncing up on the approach to the zero horizontal line. The supply and demand curves
crossed. The Luxalgo predictive algorithm doing a pattern lookback analysis has a trend up.
I will take a long trade here attempting to get a good piece of the move for realized profit.
ZYXI reverses from whipsaw volatility LONGXYNI is now ready to reverse long. I analyze this because ZYXI has dropped
from overvalued and overbought through the fair value zone into undervalued
territory in three trading days by viewing the anchored VWAP bands and the
volume profile, The mean VWAP and POC line are confluent at 7.25. This is the
logical first target. The MACD lines are negative 4X the amplitude of the
the negative histogram on the 2H and impending cross. The mass index is a sensitive
signal of reversal potential is about to trigger and probably has done so on
lower time frames. I will take ZYXI long with a good entry to be found on a 15-30 minute
the time frame when I get an alert that it has crossed over the hand-drawn resistance
trend line. I am expecting 8% before the first take profit target and 12% on the overall
trade over the next 5 trading days or so. A modest profit for low risk, I think.
Anyone in faraway places from the Wall Street market manipulators and FDA, this
one is for you.
$CING - Low Float - Positive Top Line Results - ADHD 1 PILLWe are traveling the bottom of the channel. I think it starts to move up shortly. Adolescent and Pediatric fixed dose phase 3 trials start this month and next month. FDA approval submission early/mid next year. Billion-dollar drug if it can get some funding? This is my own opinion, and you should not take any of this as financial advice.
VXRT Vaxart Covid-19 VaccineOn 6/11/2021 Piper Sandler brokerage Initiated Coverage giving a price target of $18.00
VXRT Vaxart today announced that it has shown for the first time in clinical trials that its oral tablet vaccine platform successfully boosted immune responses in subjects previously vaccinated with a Vaxart oral vaccine more than a year earlier. (prnewswire.com)
This is in line with my previews chart:
VXRT Vaxart Covid-19, Uptrend and Price TargetVXA-CoV2-1, Vaxart's experimental treatment for Covid-19 is unique in that it's a pill, not an injection.
A pill would certainly be easier from a distribution and administration standpoint but also to get higher vaccination rates.
On May 3, Vaxart's treatment showed demonstrable CD8 T-cell responses, but didn't produce high levels of neutralizing antibodies in trial participants, which makes it less efficient than traditional COVID-19 injections.
On 6/11/2021 Piper Sandler brokerage Initiated Coverage with Overweight rating and a Price Target of $18.00
From a technical analysis point of view, the stock looks in an uptrend.
NEO LongLooks like we're seeing a trustworthy enough response from NEO after he got shot by the agents. lets hope he still knows kung fu.
Gann angles are set u as resistances (didn't use box to reduce clutter), they will serve as the ascending channel's resistance on the uptrend
top yellow line is target, bottom yellow line is next buy-in for the skeptics.
stop is set at minimum loss, right above that resistance bubble it just bounced off of
we're headed for "3" on the 5 point elliot, assuming that first low I based my gann angle off of