$175 says piper sandler 10XHOT on the daily very volatile analyst $100-175 let's see if we can get $21.50 first.
ALGS trade ideas
ALGS | Aligos Therapeutics, Inc. Healthcare US Stocks NASDAQ
📈 Technical Chart Patterns & Trend Analysis 📉
Identifying potential trading opportunities based on trend analysis:
bullish divergence can on double bottom can be seen on daily frame
buy stop order will be a suitable option for trading in this scenario .
$ALGS can rise in the next daysContextual immersion trading strategy idea.
Aligos Therapeutics, Inc., a biopharmaceutical company, focuses to develop novel therapeutics to address unmet medical needs in viral and liver diseases.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $19,90;
stop-loss — $18,00.
Information about take-profits will be later.
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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
