PEG setup: NVCR$NVCR is bullishly flagging after exploding through $100 to make new ATH.
A test of 20-day and bounce is signaling holy grail setup and a 20-day confirmation will probably push the price through the flag
NVCR trade ideas
Buy Novocure at a discount More about Novocure
From a healthcare perspective, I think this company has great potential. I hope the price can fall much more so I can buy at even lower price.
So, let's be patient and wait for the price to come to us.
Three Percent Trade Idea: Go long NVCRHere is a great opportunity to go long on NVCR.
At Three Percent Trades we have a price target of $90.00 / share, which is a potential upside of 14.1% from the current level.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
NVCR Put OptionStrike price $85, Exp-03/20/20
Entry price- $12.10
Target: $25
Position Size: 4%/100%
Potential moves for NVCRAnalysis based on rising above or falling below trend lines (green bullish) (red bearish)
NVCRCould see a nice break of the descending channel and pump into earnings. RSI broke its track upward. Entered 44.85
Momentum Surge - NVCR1. Not up three days in a row
2. Linear move up prior to consolidation
3. Young Trend
4. No breakouts or breakdowns during consolidation phase
5. Clean and low volatility consolidation
***see roboticinvesting.com for more details on Momentum Surge
Momentum Surge - NVCR1. Not up three days in a row
2. Linear move up prior to consolidation
3. Young Trend
4. No breakouts or breakdowns during consolidation phase
5. Clean and low volatility consolidation
***see roboticinvesting.com for more details on Momentum Surge
NVCR LongNVCR - Novocure - oversold on the weekly and oversold on the daily.
Could setup for a nice bounce back here!
Cup and Handle Chart Pattern - Bullish, so I bought some Friday Great chart pattern with clearance of some key fib levels, positive momentum, and large volume breakout, off of a 6-7 month trading range.
Bought some outright shares on Friday, as the options are thinly traded.
Happy Trading
Lindosskier
NVCR Detected possible positive results in drug trial!!!NVCR: novocure ltd ord sh
2018-04-17 07:30:06
Detected possible positive results in drug trial
NVCR Cup and Handle & Ascending ChannelNVCR looks like it will have a promising next couple months if it stays consistent with the channel as it just bounced of the support line today. Bottom support has now been tested 3x. Should be promising.
NVCR breakoutCatalyst is JPM healthcare conference presentation 1/10/17. Good volume and made all time highs. Didn't move intraday but it still seems like a confirmed brakeout. 6 month consolidation could get explosive.
Japan & new hospitals becoming certified treatment cantersMomentary uptrend. Long term investment. Trail 3 is ongoing 2 years before market acceptance in my opinion.
NVCR- Time 2 Go Short?Only been a stock for around 2 years, but do believe in history repeating itself. Last July around this time a $4.00 drop, so will be looking to sell shares on shorter time frames down to around $16.00 at this time. You could wait to evaluate future after this week is done and set up new trades for next week. This stock has had a +100% bullish run this yr, over $10 share price & market cap of 1.72 billion & current volume over 1,000,000. Please look further if you invest.
