Zymeworks Inc. Trade Ideas — NASDAQ:ZYME

Zymeworks buying opportunity ?Following the major setback in 2021, Zymeworks has been actively working toward FDA approval for their drug, which they’ve now successfully secured. This approval could signal the continuation of an upward trend. I’m considering a buying opportunity around the $9 range. It’s also worth noting that they were listed on NASDAQ earlier this year. Let me know your thoughts!

$ZYME - good potential in this year NASDAQ:ZYME confirmed a line of support and is going to show 100% of growth in this year. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )

is ZYME going to visit 21$?... (-:The stock breaks a resistance level after a long shuffle, supportive volumes Buy - $10.4 First target - $21 NASDAQ:ZYME

ZYME - better buy than insiders Attention, traders! Prepare to seize a lucrative trading opportunity as we delve into a compelling trade idea centered around a gap in stock ZYME. Join me as we explore the details and potential rewards that lie ahead. Trade Overview: Our entry point for stock ZYME is at $6.69, driven by the presence of a significant gap in the price chart. Gaps often provide favorable trading opportunities, and we aim to capitalize on this occurrence. To manage risk effectively, we will set our stop loss at $6.06, ensuring prudent risk management in case of adverse price movements. Profit Target: Our profit target is set at $10.31, indicating the potential for substantial gains. This target aligns with our analysis of the price chart, taking into account key liquidity levels and the potential for bullish momentum. The risk-reward ratio for this trade is approximately 1 to 5.75, offering an attractive potential return. Risk Management: Risk management plays a crucial role in successful trading. By setting our stop loss at $6.06, we aim to limit potential losses and protect our capital. It is important to stick to your predetermined risk tolerance and adjust your position size accordingly. Time Horizon: While it is challenging to predict the exact timeframe for reaching our profit target, we anticipate this trade to unfold within a reasonable period. However, it is essential to remain vigilant and adapt our strategy based on evolving market conditions. Please note that trading involves risks, and this trade idea is shared for educational purposes only. It is vital to conduct your own analysis, consider your risk tolerance, and, if needed, seek advice from qualified professionals before making any trading decisions. Embark on this trade opportunity with a focused mindset and disciplined execution. By leveraging the gap in stock ZYME and aligning ourselves with potential bullish momentum, we aim to unlock the profit potential that awaits. Disclaimer: The trade idea provided here is for educational purposes only and should not be considered as financial advice. Trade at your own risk, and exercise caution in your decision-making process.

Fib target 15 plus Fundamentals Outstanding This is a rocket ship firing on all cylinders. Jazz acquisition is worth 1.9 billion dollars alone.

ZYME - broke up from base ZYME peaked @ 59 in Jan2021 and had been generally on the downtrend since. It began to bottom around Feb 2022 (after a 90% plunge!) and had been consolidating in a sideway range until the 200 day MA began to come down and flatten out. Today it gapped strongly out of this range high of 9.28, a possible breakaway gap that will increase the odds of a valid breakout. However, the volume isn't too great at the moment hence the verdict's still out if it will soon retrace to retest neckline 2 (or even to close the gap in the worst case). Hence I will put the initial stop loss just underneath this gap @ about 8.5 The trend is in early days yet, could still be choppy until a stronger trend is apparent. Disclaimer: Just my 2 cents and not a trade advice. I may or may not enter into this trade. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!

Zymeworks Inc.

ZYME trade ideas