ABUS trade ideas
short analysisBecause of the convergence we see in the chart and the RSI, and the gray support range that indicates the fall to that range has not been seen, we will probably see that the chart experiences some re-fall. If the pull back up, we will have price growth up to the gray resistance range. And God knows
#ABUS to 4.91 Climbing to New Target by 16%Sector: Health Technology
Industry: Biotechnology
Arbutus Biopharma Corp. is a biopharmaceutical company. It engages in discovering, developing and commercializing a cure for patients suffering from chronic Hepatitis B virus infection. The company was founded in 2007 and is headquartered in Warminster, PA.
New Target : USD 4.91
Resistance 2 : USD 4.66
Resistance 1 : USD 4.42
Support 1 : USD 4.06
Support 2 : USD 3.82
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk. This prediction Based on My Dreams.
Do not view this idea as a recommendation for trading or investing. Risk Only What You Can Afford. Always Use a Stop Loss. Past performance is not necessarily a guide to future performance.
I would appreciate your feedback on my analysis.
$ABUS is gonna fall todayPupm&Dump trading strategy idea.
$ABUS is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,46;
stop-loss — $4,74;
take-profit — $3,92/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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ABUS might see a DROP !?!?!As you can see, ABUS has tested its WEEKLY resistance (ORANGE LINE) and break of structure has occurred.
Hence, we will be going for short positions, entry will be after retests and look for short biased positions to avoid any false breakouts
Thats all from me LADS, HAPPY TRADING ;))
READY FOR LIFTOFF?Lookin at a decending wedge, you have price touching the bottom trendline of a rising channel.If price falls below this zone your looking at the next zone below between $1.85-$1.61. Coming closer to the bottom of this wedge I don't see price retesting the lower trendline of the wedge, but anything is possible. 1st target looking at $9.75, if we get past that I'm projecting a 2nd tarjay @ $19.00, where we have the next major monthly supply zone and some resistance. Let me know your thoughts.
ABUS in next few weeksIt's nice tringle, good news from the company last few days, giving us big hope to move up share up to price - 4.13$ and then to entry price - 4.30$. Target price 5.50$, in the long term, expected more than 10$.
It's not financial advice, only my privet ideas.
Look to my ideas for different stocks. Good luck!!!!