0H7R trade ideas
ABEO - Bullish Divergences Showing Upward Pressure and StrengthNASDAQ:ABEO
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Key Takeaways
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Important Gann Levels broken (Bullish)
Double Bottomed (Bullish)
Gap to Fill (Bullish)
Indicators Have Plenty of Room To Run
Lots of Volume Showing Accumulation (Bullish)
Short Term Consolidation and downward movement to mid 1.5s is possible To Fulfill the Falling wedge pattern, Which is a continuation pattern (Bullish)
1Month, 2Week, 1Week, 1Day (Bullish Regular and Hidden Divergences )
Abeona Therapeutics, Inc.On WatchlistAbeona Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development of gene therapy for severe and life threatening rare diseases. It programs include EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB); ABO-102 (AAV-SGSH), an adeno-associated virus (AAV) based gene therapy for Sanfilippo syndrome type A (MPS IIIA) and ABO-101 (AAV NAGLU), an AAV based gene therapy for Sanfilippo syndrome type B (MPS IIIB). The company was founded in 1974 and is headquartered in New York, NY.
ABEO - Flag formation long setup ABEO seems broken out of a downward channel on strong volume and now forming a flag formation. Money flow is very strong. We think it has good upside potential.
Trade Idea
ABEO - Aggressive entry above 3.06 or more conservative entry with break above 3.35. Stop signal 2.77. Target 1 $3.83, Target 2 $4.19
ABEO Stock To Watch (But For How Long?)ABEO stock has been beaten down for much of 2019. It had declined by as much as 80% since the beginning of the year. It went on to emerge as one of the biggest gainers in the market yesterday. The company announced that it was going to explore options that could unlock value for the shareholders. It stated that even an outright sale or a takeover is being considered. However, volume has been cut down dramatically on Wednesday compared to Tuesday's volume. How long can the run sustain and what will come of ABEO later this month?
3 Penny Stocks Making New Highs In September
NASDAQ:ABEO
ABEONA THERAPEUTICS INC Going Long on a Weekly perspective. Currently ABEONA THERAPEUTICS INC is over sold! I have place a good buy zone to enter in on this stock. I would love to catch this stock under $5 maybe around the $4.50 range. I would suggest buying a few shares now at the current price. If price goes down into the buy zone I would definitely go about buying more.
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