HRTX trade ideas
Dont be scared my HTRX eans. These bounces are as prescribed. Establishing longer support and resistance. Personally I think we will blow through resistance in the near future.
Pretty clear Bull Flag here. HRTX LONGEarly Profit takers going to be so sad. HRTX holding flag patter through market sell off. This flies soon.
HRTX Detected possible positive results in drug trial!!!HRTX: heron therapeutics
2018-03-19 08:00:16
Detected possible positive results in drug trial
HRTX makes fast moves to trade trendline downward slope was duplicated and moved for upward projection before it occurred. Touched it like clockwork and retreated. I believe we will make a higher low at $21 and then back to touch trendline and possibly break for a higher ATH. To touch the upward trendline somewhere around $26.
HRTX looking for a move to $24Nice W formation with higher low long term. I believe this may break the upper trendline and make a run past all time high. At which point a short squeeze will be imminent. Earnings were just released a few days ago and were negative as expected. The selling of weak hands during this time allowed HRTX to make its move higher as it always does the days after earnings. If you look back the past two years it is a reoccurring theme with this stock...negative earning bring same day sell off followed by a week or two of upward price movement. What should be scary for the shorts is the unexpected good news. That will shoot this into the $30s and possibly higher. Good luck out there.
HRTX trend analysisOverall I am obviously bullish on HRTX. I pay closer attention to it than necessary as I have options expiring each month. You can see the minor trends of support and resistance as well as the overall move.
HRTX Bull Flag LONGThis stock has the possibility of a buyout and short squeeze. Looks a lot like a bull flag to me. Bounce off 50 Fib and up we go? By the time everyone starts seeing this stock we will be at $40.
Not financial advise. Just my opinion. Good luck out there.
HRTX UPDATE =Bounce off of 21. Minor break of trendline due to fear. Not adjusting anything except to bring Fib more into time frame. Up we go.
HRTX short squeeze potential M&ALooking at the trend line and RSI this pullback was imminent. I would look for a bounce off 21 if it goes any lower. Buying in after hours may not take this much lower as I believe this is a trap. I'm long on this.
Heron Therapeutics Bull RunStart of a bull run on Heron Therapeutics.
Initial catalyst: PDUFA review of Cinvanti 11 November 2017
Secondary catalyst: Fast track designation for HTX-011
Lower channel breakout bounce. Low risk buy area. breaking out from lower regression channel w/divergence and volume. $15 will be some resistance, but after that could easily make it to $18.
Strong Black Crow flew in today to complete a reversalBearish day on HRTX wiping out indecisive prior day candle AND two bullish candles before that. A small increase in volume over the MA. Time to sell high and buy low?
Quick Long $HRTX - Hammer Candlestick On Strong SupportHRTX has been bouncing off of strong support at $15.77 for quite a while now. A hammer candlestick broke through support, but was rejected in a very bullish manor. Perfect entry for a long trade, but be careful because of the lower highs and the recent break through of the support.
