If you have these stocks in you portfolios, trim your positionsI believe this is a beginning of a new era not the end! Not even close to the end! These stocks just crossed below their 200 EMA, and made serious reversal patterns!
They will go down more with time!
Reevaluate your stop loss would save you a lot !
Schrodinger
US Stock In Play: $SDGR (Schrodinger Inc)$SDGR recovered from its low range support with a confirmation of Bullish Reversal Hammer Candlestick on 12th November 2020, also trading above its 50DMA in 4 months. The subsequent rally have also played out a Bullish Double Bottom chart pattern breakout on 23rd November 2020, defining a mid term trend channel during the run up.
At the current junction, Schrodinger Inc closing of $74.26 this morning signify a immediate challenge towards breaking its current week’s minor resistance at $75.25, targeting a rally towards $80 which coincide with the upper trendline resistance; along with a bearish runaway gap resistance window that happened on 24th July 2020.
Cat in a Box EUR/CHF => LongNot a lot to say here. We expect price to bounce within the "Box" squizzed in between relatively strong Resistance and Support levels until we see a breakout. Most likely the cat will turn out to be a bull at least for some hours/days. Stop Loss under Support level and Take Profit at Resistance level. GL HF^^.
Schrödinger $SDGRRecent IPO Schrödinger extends its existing collaboration with AstraZeneca, $AZN, aimed at enhancing the former's Free Energy Perturbation technology for the optimization of key properties of biologics, particularly binding affinity. As technically, it is rising and needs to break the trendlines and hold above $45.
HUGE POTENTIAL FOR THIS COMPANY , EXPONENTIAL RETURN FOR 2020 !!the most disruptive software platform to ever hit the pharmaceutical industry, which also happens to be backed by the world’s most sophisticated investors, has just gone public.
Rare disruptive company backed by Bill Gates and D E Shaw
Invested 10000 dollars and will add up along the way
Exited journey