20-150% Profits Possible on SEEL Therapeutics My favorite new indie stock, Seelos Therapeutics, was recently upgraded from a price target of $4.70 to a whopping $15.
For this to happen, it may have to beat some bears (in SPY) and sharks (in short interest).
Short interest in the stock is down, with most shares not available to short. This is positive and bullish for shorter term.
The stock market looks to continue its rally, with minor downs, as usual, until further notice.
Biden's Infrastructure Plan may continue to stimulate the market to amazing new highs.
I may invest in this on Monday. I really need to make some $$ for food, rent, and my beloved kitten.
If it follows DLPN (Dolphin Entertainment), it may even beat its updated price target! DLPN was a rocket ship this year! Everyone go out and see some seals!
News had it that the Great White Sharks of Cape Town have disappeared this year!
Enough synchronicities, this is an ethical company that works on healing chronic diseases.
Resources:
stockinvest.us
stocktwits.com
finance.yahoo.com
www.nasdaq.com
seekingalpha.com
investorshub.advfn.com
seelostherapeutics.com
#mayweallgetrichtogether
Profitsoverwages
Possible GBP/JPY Scenario, via 4 Hr ChartAs we can see, price has broken out of December's descending trend line. Price eventually found support at 142.940. Right now, it's in a small bullish flag. If price breaks out of that flag, it shall go further til it reaches that level of supply. Will it show rejection from that supply level or break out and retest that level?
Possible Gold Scenario, via 4 HR ChartWhat we can see here is that price has been showing rejection from the major key level of 1593.70. Not only just that, we see multiple rejection from that zone between 1546 and 1562. Recently, price has broken out of early February's descending trend line. Will price reach that major key level resistance and show a possible rejection or break out and retest that major key level?
USD/JPY analysis, via Daily ChartAs we can see, this pair has formed an ascending wedge pattern, indicating a possible move to the downside. Price is floating in an area of supply that's dated back to May of 2019. If price forms a bearish candlestick pattern at that area of supply, prepare for further downside movement, breaking that ascending wedge pattern.
Bitcoin vs US Dollar, via 4-HourThis pair has broken July 28th's ascending trend line after being rejected by an area of supply. Price then bounced off the 11405 psychological level before continuing lower to the 9663 support. There has been a rejection of that support level and price is heading towards an area of supply. Right now, we see a potential bear flag. Let's see if it can reach that .50 Fib level and form a reversal candlestick pattern.
Gold Analysis, via 4 Hour ChartPrice broke out and retested October's S&D zone, forming an ascending wedge pattern. Price is now inside a 2 year S&D zone. I would like to see a complete candlestick reversal before going short.
