i just got done watching the hustler starring paul newmanthe epic head and shoulders setup, neckline @ ~20 dollars
XNCR trade ideas
XNCR: Breakout Confirmed, 23.38% Potential Profit!Description: XNCR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $44.6 - $46.4
2. Take profit: $55.56
3. Stop Loss: $43.03
4. Risk To Reward: 1 / 6
5. Accuracy Rating: 94%
XNCR Long Buy Zone: $30.30 to $28.32
Stop loss: $24.50
Target: $44 to $48
Position Size: 20%/100%
Best of luck
Sell XNCRDaily shooting star
No confluence on Stoch or MACD
S/L 40.19
T/P 35.45
R/R 1
Profit Trading
Trading a pullback in XNCRSo this has been rangebound for a long time, before gaining some good upside momentum in februry. It's been consolidating since then, until now. A breakout from DT line provides an entry for the next upswing, which I expect should be something similar to the first one.
Entry: now, or on further upside momentum
Trailing stop-loss 3 ATR from entry
1x target at previous pivot high, 2x target at 39
XNCR- Looking 4 Buying Opportunity Look at what happens when Insider John S Stafford III (10% owner) starts buying shares/stocks. Price action soon goes up. Violet area noted on chart is a major support area and coming up early in November is earnings, if you are interested into this stock- please do your own research. Happy Trading.
XNCR- Descending Triangle (Short) A descending triangle pattern is shown, shorting the stock would be the way to go considering that it has 2 reaction low points. Although they are not exact, they are within reasonable proximity of each other, which makes the pattern valid. I would short ASAP and set an expiration date for about a month.
Price prediction: low $21.00s within a month time period.
