VOR Long Trade Setup | Entry, SL, T1, T2!Type: Long Trade 📈
Entry Point: $1.33 (marked at the breakout level)
Stop Loss (SL): $1.26 (marked in red) 🚫
Target 1 (T1): $1.49 (marked in yellow) 🟡
Target 2 (T2): $1.70 (marked in green) ✅
Reason for Long: Symmetrical triangle breakout near a strong support level. Volume shows confirmation of bullish momentum.
Confirmation: Breakout of trendline with the price holding above $1.33.
Timeframe: 30-minute chart.
VOR trade ideas
Rising Wedge Short Setup: Entry, Targets, and Stop Loss!Stop Loss (SL): Above $1.88 (white line, key resistance level).
Entry: Around $1.70 (yellow line, potential rejection area).
Target 1 (T1): $1.49 (red line, conservative target).
Target 2 (T2): $1.28 (green line, aggressive target).
Pattern: Rising wedge, anticipating a bearish breakdown.
VOR - a b iotechnology penny stock LONGVOR is a on daily chart. It is a biotechnology startup which is burning cash. As a resut this is
a speculative long trade for this company with products to treat leukemia ( blood cancer).
Price has crossed over the POC line of the volume profile and also completed an
anchored mean VWAP cross over. The Price Momentum Oscillator is reversing and buying
volume has increased since the earnings report showed less of a loss than forecasted.
I see 30% upside to the high pivot in mid-January. In conjunction with stop- loss set at the mean
anchored VWAP this is a R to r of about 3.
VOR - LONGVor Biopharma is advancing blood cancer treatments with innovative technologies, focusing on improving care for AML, MDS, and MPN by making stem cells resistant. This method has shown promise, especially for post-transplant AML treatments. Wedbush analyst David Nierengarten is optimistic about the VBP301 trial, highlighting superior outcomes with VCAR33ALLO over autologous therapies, recommending an Outperform rating with an $11 price target. The broader consensus supports a Strong Buy rating, foreseeing significant stock appreciation to $14.42. In the short term, I'm looking for the stock to accumulate at slightly lower levels before working to the upside ($3 area), if we break through that zone we can see much higher, depending on catalysts, influenced by past positive pipeline PR. Good luck everyone.
Catalyst: Vor Biopharma has initiated a phase I/II trial of VCAR33ALLO, a donor-derived CAR-T therapy for relapsed/refractory acute myeloid leukemia (AML), with results anticipated in the second half of 2024.