PCI Biotech $PCIB.OL testing breakout from yearlong downtrendPCI Biotech Holding OSL:PCIB stock has been consolidating in a trading range below last years 30 NOK shareprice rights issue of NOK 360 million.
Positive market reaction to the latest quarterly report from the company, along with good coverage in magasines:
www.tu.no (norwegian language)
nordiclifescience.org (page 91-94)
At the moment, the stock is testing a breakout from the old trading range, and longs will be keen to see further conference or scientific journal coverage of the ongoing clinical programs for the companys FimaCHEM and FimaVACC products, as well as partnering deals for its FimaNAC product.
All in nowMomentum is increasing and touching 0-line soon. RSI level is increasing and touching 50-line soon. Moving averages 50 & 100 also crossing each other upward soon.
KjøpskandidatVelger å tro at denne er en kjøpskandidat på grunn av et underkjøpt marked. Veldig mye usikkerhet i markedet for tiden, men virker som at dette kommer til å endres snart. Når dette skjer vil jeg tro at DNO kommer til å være en av de som vil få et hopp. Kommer muligens i takt med en oppgang i oljeprisen. Virkelig verd å ha i porteføljen til denne prisen!
Photocure $PHO.OL stock pullback after Q2 is chance to buyPhotocure $PHO.OL OSL:PHO presented Q2 2019 numbers today, with most numbers landing very close to expectations.
Webcast: webtv.hegnar.no
Press release: newsweb.oslobors.no
Armchair Healthcare podcast interview with CEO Dan Schneider: twitter.com
GIG noen dagerLav RSI, ligger i ett underkjøpt marked. Muligens en oppgang iløpet av noen dager. Nylig gått gjennom en HS
Photocure $PHO.OL renewed breakout watch ahead of Q2 reportInvestors are eagerly awaiting Photocures OSL:PHO Q2 2019 report to get a more indepth description of the recently announced Cevira partnership deal.
Also key is the information about the current growth rate on Cysview sales in US.
NOK 60-64 is a key level of expected resistance, as it is where the share price peaked in 2018, while a negative reaction could easily mean a pullback well below the NOK 50 level, which mean that an entry ahead of the upcoming Q2 presentation should be made with a keen eye on risk management.
Recent Edison Analysis after Cevira Deal announcement, BUY target price 70 NOK:
www.edisongroup.com