Short or Put ConsiderationOne bad Mamma Jamma I'm buying Puts. Follow the Trendline down; Pretty self Explanatory.
BLRX trade ideas
$BLRX is gonna fall todayPupm&Dump trading strategy idea.
$BLRX is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,66;
stop-loss — $3,82;
take-profit — $3,36.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
bulls on a tear over heredamn, comin' in hot. The 30s charts requires some steel cajones. good trading over here today... 🤙🏽
real sleeperI honestly believe this stock is a real sleeper. analysts predict a 247% increase from current levels. I would keep an eye on this one. Tight squeeze showing as it continues to consolidate. reminder, this stock has been consolidating for a while now and the longer the consolidation the bigger the push. However, there is a gap that can possibly be filled as well so i would be keeping an eye on that. at this point it could go any where.
Bioline Rx ---- Descending Wedge FormationWe have a possible setup forming on BLRX, in that it does seem to be filling out the descending wedge to the downside. Let's watch for a break to the upside and a confirmation retest of the trend line as well. This is not trading advice.
BLRX Been holding up pretty damn welll. 3$ level is first main support. If falls below that 275 has been well know support. Golden cross incoming on weekly. Short term bearish mid-long term bullish. If waiting for breakout , long long is founded supporrt above 4.27
BLRX 2/7/2020Analysis:
Daily chart, initially price was in sideways range for 225 days between 1.17 - 2.34 areas. Price has since broke out of that range and has been bouncing between 2.34 - 3.07 areas. 2.34 price was resistance turned support area. Price has also been above & steadily supported by 200 MA, signaling the possibility of the start of an uptrend. We also have a golden cross on 12/15/2020 further signaling the bull strength in the market. In overall daily view, new price range of 2.34-3.07 has created an extended range for previous sideways market making it an overall sideways market of 519 days.
Currently, the price has broken out of the 519 day sideways trend. Another indication the bull strength is really strong here. Will zoom into the 1hr chart to see if we have a trade entry.
1HR chart- Looking at the chart in the hourly, we can see the obvious support level @ 2.34 & resistance @ 3.07 with a few over extensions most likely due to false breakout. On 1/28/2020 price made a move to resistance and bounced off but was caught by the 10ma. Price made a series of higher highs/lows into resistance of 3.07 until breakout. Price has since created a series of higher lows into new resistance level of 3.31. Price broke above 3.31 with a pullback turning resistance 3.31 into support. This is my entry signal. Buy @ 3.48 with Stop Loss of 3.17(-8.78%). Initial price target of 5.50 but will take into consideration support/resistance levels and MA respected along the way for a possible trailing StopLoss as well.
If stopped out of trade, will keep eye on price in case it bounces off 3.07.
Entry: 3.48
Stop Loss: 3.17
Initial Target: 5.50
$BLRX is gonna fall todayPupm&Dump trading strategy idea.
$BLRX is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,39;
stop-loss — $4,69;
take-profit — $3,79;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
BLRXspeculation, a neutral to slightly long posture is present. Fundamentals appear to be driving this asset currently. Slow steady growth is more probable than decline IMO. Investor sentiment overall will be a driving factor for immediate swings in the short term. (Holidays, election, New years,
BLRX: Higher price rejection after gap upHigher price rejection after gap up
Twice within three days.
If confirmed, will trend back down to 1.55$
to fill GAP
Watching.
there it Goes BLRX broke down - down it goes .. heading back tothere it Goes BLRX broke down - down it goes .. heading back to 2.55
taget 1 & 2
Short selling opportunity
daily - A lOT bag holders
$BLRX is gonna to fall todayPupm&Dump trading strategy idea.
$BLRX is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,04;
stop-loss — $2,60;
take-profit — $1,48;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$BLRX BioLineRx Ltd. Target Zones BioLineRx Ltd. is a clinical stage biopharmaceutical company focused on oncology. The company was founded in April 2003 and is headquartered in Modi'in, Israel.
$BLRX - Waiting for the swap of the Cross line and base lineWaiting for the swap of the Cross line and base line
On hold, and only above 0.37
Next resistance at 0.43
$BLRXTop Line results from Phase 2 study in pancreatic cancer (With MDACC) - 1H 2019
Technical overview - above MA20
BLRX - BounceBreakdown will short tomorrow will see if bounce as possible play, see shorting early morning then bouncing to match initial high, good possibility considering multi day runner.
BLRX-BREAKOUT-UPDATEBLRX had a strong rally today and it's just getting started.
In the related idea my price target was $1.34.
Today's high was $1.78
Check out the weekly chart:
Photo Finish.
$1.34 was 1.618 extension level from Waves 1 & 2.
Since the price-action broke $1.34 we will have an extended 3rd wave.
I expect a very strong rally tomorrow, I will update in the morning before the open to confirm.
Target is hard to predict since its impossible to know what level extending waves will terminate.
I will keep a close eye on the price-action.
Will update.
-AB
BLRX-TRADE TARGETS-LONGBLRX is in the middle of an extending 3rd wave.
Target is $1.34.
If BLRX crosses $1.34 which is likely I will hold and reassess the trade.
-AB
BLRX - All Aboard - updateFYI: BLRX is getting ready for a major breakout.
See related BLRX ideas for further analysis.
Weekly:
Daily:
