ANAB trade ideas
$ANAB AnaptysBio Inc On Weekly Breakout watchlist
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ANABPossible Short setting up with a hanging man candle on the 1 day chart. We are almost at the top of the channel so a open under the hanging mans real body would be a good place to open a short position with a stop loss maybe just above the hanging mans upper wick i would also wait for the 1st 30 minutes of trading to conclude before possibly trading this as to try to avoid getting faded after the open
$ANAB Anaptysbio Inc Bullish Trendline Break
Major trendline break today so lets see can we
get continuation in the days to come.
Like any trend break, back-tests are likely and bullish.
Alert set at $24.50 for potential entry dependent on volume and market conditions.
$25.79 target no 1
Indicators in Bullish reversal
and Mondays volume very interesting.
$ANAB Anaptysbio Spikes After Drug Designation
Nice spike in the afterhours session, lets hope we
can get some continuation tomorrow.
Target $29.00 to Fib Golden Pocket
Also a very large gap to fill at $35.00
AnaptysBio gets orphan drug designation of imsidolimab for pustular psoriasis
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ANAPTYSBIO INCNASDAQ:ANAB
Hey, traders!
Having overcome the historical level from 07.06.2017, formed by the paranormal bar,
the instrument has faced the forces of the short player, who has placed a limit order at the level of 18.70.
It happened on 04.03.2020, when the income reports were released.
Naturally, it was not possible to take this hurdle "from the run": we came up on big bars.
The close retest did not give anything either.
Having gone down, the instrument was gaining position for a long time and reached the border again at 18.70.
Four days we accumulate the position for a breakout.
And here's what's important to note: on 04.05.2020, many long players fixed their profits, but we do not roll back.
The conclusions I am sure you will make yourself.
I put the tool on the list.
Perhaps, this level will not be taken from the first time.
I will wait for the realization.
Slow Grind UpBeat up, but has reacted "well" after the massive drop. 20% in a couple weeks time. No stop currently, but will begin using them soon. I think the risk/reward is in the favor of going long for a company that is reasonably sized and could be a potential buyout target (wishful thinking)...
**I am long - happy trading
ANAB - "ANAB-tomy" Of A Winning Long Trade?Sorry for the stuffy nose! Nonetheless, here I talk about qualities of a trade that help determine it as a winner. This is just a short version of what to look for, just to give some of the things to consider in the process. As a general statement, there are 2 things that make up a stock: technical factors (price behavior) & fundamental factors (financial statement info).
Fundamentals are important for longterm investments where company growth & strength are important, since over time, more people will get interested and buy the stock in the future for further price appreciation (5-10+ years for a solid investment). Simple fundamentals just looks at company profits and how much cash the company has access to, but for a detailed fundamental analysis, the company will need to be known and understood on a very high level as if the investor is one of he founders of the company. Before the investment is made, you must know almost everything about how goods/services reach the consumer/customer. For a trader, correct technical analysis is most important (everyone can do technical analysis, but it takes time to do it in a more realistic fashion without dreaming too much or trying too hard to predict a specific future price action). The more factors that favor your objective to buy the stock, whether as a trade or investment, the more likely you will win from the trade. Here is the list from the video:
1. Technical favor
-Price accumulation: price usually builds up slowly before exploding upward in an uptrend, with only few/small price corrections in the trend (it is hard to see this early but it is typically only obvious late AFTER the trend has started)
-Volatility contraction-expansion: I talk about this all the time I'll skip it; it is very important to always look for though
-Price eagerness to increase: when price keeps trying to push upward to newer levels, this tells that at least there are also other people who see the stock going higher and are willing to put their money on the line for it
-Supportive base: the price action should show you that the price has no interest in testing lower levels, which means there are no aggressive sellers, investors or other traders are not selling off and there is a positive sentiment toward the stock
-Industry/Sector performance: this was not included in the video, but it usually gives you a great technical context especially when you are diversifying or trying to pick a home run stock (it's still very difficult to pick one though)
2. Fundamental favor (if considering longterm investing)
-EPS growth past 3-5yrs (should mirror revenue/net income): this tells you the company's plan to grow/expand and make profit in the process is working, and hence the company is still appealing to old and newer investors
-Free cash flow: I didn't explain this well in the video, but I meant to say that a good cash flow means the company has cash on hand aside from other assets to be able to pay off any debt or sudden expenses today if the need arises (this is a very simplified version just to give you an idea)
Let's see what ANAB can do! Looking forward to comments or PM discussions.
Breakout IDEA -explosive biotech stockANAB had good nes today. we are consolidating the opening range. if we can breakout here this 59-60 area to take out the opening range . This is just an opening range type of play. not an investment you dont hold for more then 5minutes to 1 hour. and use tight stops under the range. i like to use vwap areas as stops or right under the price range whatever is tighter/closer