ALT trade ideas
Altimmune BULLS are looking strongMade a call long ago from $8 to $30 and now its time for $13.64 to become $40! Weekly chart shows something big is coming in the next 3 weeks. Aside from the bullish news, the charts are bullish.
$ALT Altimmune Inc trying to Break resistance
Strong move on a very weak day
Alert set for move above POC & 20MA @ $12.50
100ma first majro target
could still pop, but i see no sign of a trendlook for a dip entry at 7 if you want to long this, thats where i think you will get the best risk reward. its hard to chart this one and predict where it will go next though. id stay away! gl :)
ALT Reversal Incoming? +Trade Setup (>168% Profit Potential)Hello Fellow Traders,
Today we are looking at Altimmune Inc (ALT) on the NASDAQ. We can see that on the last bullish wave, prices peaked at around $35. We can see since then a bullish continuation pattern, the falling wedge, has been printed. The price has broken out to the upside, retested the EMAs for support, and bounced back to consolidate just in the $11.75-$12.50 range.W Now, with prices above all EMAs, we can expect additional growth. We can use a larger buy range for this stock because the risk-to-reward is very good. If prices begin an uptrend here, it is a good time to go long. In the long run, a breakout past the ATH of $35 has a Fib target of $52! If you think this is unrealistic, take a look at my last idea on SOLO down below. However, a potential short-mid-term trade set up now could be:
Entry: $11.50-$13.75
Targets: $24.00 (+80%) | $35 (+$1.68%) | $52 (+297%).
Stop loss: daily close below $10.50 (-10%).
Let me know what you guys think down below and leave a like if you appreciate the analysis. Also, check out some of my other ideas and follow my profile for more chart analyses and profitable trade setups! Thanks for reading :)
Price at writing: $12.98
$ALT Altimmune Inc Bullish Targets
Original downtrend held as support resulting in a nice bounce.
Stock has seemingly formed a bottom, indicators in
reversal and bullish trajectory.
Targets $14.55 & $16.31
MACD & STOCH RSI POSITIVE LEGAL DISCLAIMER :
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Altimmune, Inc. Breakout TargetsAltimmune, Inc. is a clinical stage immunotherapeutic biotechnology company. It focuses on the discovery and development of products to stimulate robust and durable immune responses for the prevention and treatment of diseases. The company's portfolio includes RespirVec and Densigen that targets to stimulate the elements of the human immune system to treat respiratory diseases, chronic infections, and cancer. Altimmune was founded in 1997 and is headquartered in Gaithersburg, MD.
$ALT Altimmune Inc Trade Setup
Stock has been range bound for 1 month and is now reaching
the apex of downtrend & lower horizontal support, it is decision time
pump or dump.
Alert set on horizontal resistance line @ $14.55
If it beaks expect strong surges higher.
ALT daily chartSupport 11.70, a break of which targets 7.10
Declining resistance 14.00, the breakout targeting 18.70
ALT MACD pointing towards bullish. Not a Financial advisor. recently started trading stocks around February, MACD on the daily chart pointing towards an uptrend.
$ALT #covid19 #vaccinejust like $VXRT and $IMV is $ALT making a higher bottom. MACD is about to cross, strong signal!
ALT -D chartAfter activating the stop loss on the half hour fee
Now I recommend selling towards the potential reversal zone between 11.70 and 9.10
