SPL trade ideas
$SPL ASX - Starpharma Holdings might be a small playStarpharma Holdings Limited (SPL) is a biotechnology company that engages in the development of dendrimer products for pharmaceutical, life science and other applications. SPL's underlying technology is built around dendrimers, a type of synthetic nanoscale polymer that is highly regular in size and structure and well suited to pharmaceutical uses. SPL has three core development programs: VivaGel portfolio, drug delivery, and agrochemicals.
Looks like it has a bit of momentum at the moment. Stops in. DYOR.
Speculative Stockpick #2SPL is a highly speculative stock (refer VectorVest Strategic Investment Matrix) with RV <1.0 and RS = 1.0.
We only consider this stock for very short term because of its explosive potential… A strong RT value.
The RT value is trending up since the confirmation of bullish abandoned baby which is a rare reversal signal. Please note that RS is trending up as well.
2017.09.19 RS = 0.97 and RT = 1.58
2017.09.20 (Abandoned baby pattern) RS = 0.97 and RT = 1.50
2017.09.21 RS = 0.97 and RT = 1.62
2017.09.22 RS = 0.97 and RT = 1.89
2017.09.25 RS = 0.97 and RT = 1.74
2017.09.26 RS = 1.00 and RT = 1.77
2017.09.27 RS = 1.00 and RT = 1.83
However, this stock is traded by aggressive traders. It is not recommended for Buy and Hold, simply because it is a pharmaceutical stock. The stock price is highly impacted by announcement of investigated drug or the company’s invention.
Vectorvest VS Technical AnalysisVectorvest VS technical analysis
Strategy | Entry Price
Midas Touch MA RT(40) crossover | $0.69
Midas Touch MA Stop (10 & 60 ) crossover | $0.74
DEW Crossover | $0.69
MACD Crossover | $0.69
50 & 200 EMA crossover | $0.73
Whatever strategies you like, you can make money.