$VRTX HTF ACB LongWeekly Swing Watchlist
Couple great looking opportunities this week, otherwise equities look pretty quite with the broad sell offs we have seen. I am already at full risk after entering two trades last week so I will be sitting on my hands for now.
#1 Main Watch
$VRTX HTF ACB L
Monthly - 0.50 Fib/Decel/50 ema
Weeklyย ย - Support/MACD/Double bottom
Dailyย ย ย - Support/MACD/Double bottom/Descending triangle/Decel/Wave 5 completion
LTFย ย ย ย - Break out of descending triangle/MACD/Double bottom
Entryย ย ย ย - Waiting for 1HR close above 50 ema
RRย ย ย ย ย - 10 (Previous M/W highs)
Management - Long term
Additionally on Watch:
Main:
$PENN Daily IBO L
Other:
6 stocks on this weeks development needed list
23 stocks on monthly watchlist (mostly in Tech & Health Care sectors)
Live Trades:
$OEG - Full Risk
$AMC - 0.5% Profit locked in
$MASS - Full Risk
$VUZI - Full Risk
$Z - Full Risk
VRTX trade ideas
Pull Back Fishingis could go even lower I suppose. Possible double bottom if it holds. Last candle is a spinning top/a candle of indecision.
At this point I would guess it may be undervalued. Just goes down and down and down because I have been watching it for months.
Appears the analysts are extremely bearish on VRTX at this time. That is when I stop and take a closer look sometimes, They could be correct for all I know. Sometimes there are things the big guys know that little guys do not know. Like is VRTX going bankrupt or sumpin? I do not think Cystic Fibrosis is going away as it is a genetic disease, but it is also a primarily Caucasian disease? Perhaps just not socially or politically cool right now since it is a primarily Caucasian disease? Perhaps widening their arena to Sickle Cell anemia research and drugs would help the stock price and the analysts would like the stock/but who knows?/just a thought. Tips appreciated.
Eventually everything hits a highpoint, and everything reaches a low point. The country I live in, has hit a temporary low point.
No recommendation.
Vertex Pharmaceuticals Incorporated engages in developing and commercializing therapies for treating cystic fibrosis. The company markets SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO to treat patients with cystic fibrosis who have specific mutations in their cystic fibrosis transmembrane conductance regulator gene; and TRIKAFTA for the treatment of patients with CF 12 years of age or older who have at least one F508del mutation in the cystic fibrosis transmembrane conductance regulator, or CFTR, gene. Its pipeline includes Pipeline for Alpha-1 antitrypsin deficiency that is in Phase 2 clinical trial; VX-864, a second investigational small molecule corrector for the treatment of AAT deficiency, which is in Phase 1 clinical trial; and VX-147 that completed a Phase 1 clinical trial for the treatment of APOL1-mediated focal segmental glomerulosclerosis, or FSGS, and other serious kidney diseases. The company sells its products primarily to specialty pharmacy and specialty distributors in the United States, as well as specialty distributors and retail chains, and hospitals and clinics internationally. Vertex Pharmaceuticals Incorporated has collaborations with CRISPR Therapeutics AG; Arbor Biotechnologies, Inc.; Moderna, Inc.; Genomics plc; Merck KGaA; Darmstadt, Germany; X-Chem, Inc.; Janssen Pharmaceuticals, Inc.; Merck KGaA; Kymera Therapeutics; Ribometrix, Inc.; Molecular Templates, Inc.; and Affinia Therapeutics, as well as a strategic research collaboration and licensing agreement with Obsidian Therapeutics, Inc. for the discovery of novel therapies that regulate gene editing for the treatment of serious diseases. The company was founded in 1989 and is headquartered in Boston, Massachusetts.
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EPS (FWD)
12.28
PE (FWD)
15.32
-
Short Interest
1.95%
Market Cap
$49.65B
Volume
1,375,527
VRTX Pushing lowerThis is a dowsing pick. I have a date of Sept. 17th as some kind of move. I'm under the impression this is going to drop hard then. However, there have been enough instances where I'm expecting a low and it's a high and vice versa. Actually, this is pretty consistently what happens. So, It'll be interesting to see what VRTX does next week, but I do have a lot of negative energy and guidance for readers is that it continues down.
VERTEX CAN GO UP Vertex Pharmaceuticals, Inc. is an American biopharmaceutical company based in Boston, Massachusetts. It was one of the first biotech firms to use an explicit strategy of rational drug design rather than combinatorial chemistry. Excellent bullish divergence on the monthly. Great time for a long trade on this asset that could attempt a retarget in the $ 240 zone.
Vertex, a great pharmaceutical at a discounted priceA company with over 10 years of consistent and constant growth, a wide coverage of products already on the market and... despite an excellent quarterly for a news or a trail .. boom .. It drops suddenly ?
In my opinion this is sheer market madness, the sites I use as a reference for fundamental analysis confirm to me what I say, the company always be more than 50% below its fair value.
To confirm my conviction is also Market Miracle the algorithmic advisor, which has provided an entry signal on the stock at the price of 188 usd, also providing a valuable indication ... that is, that the price of the stock is in the area of oversold.
In the immediate I donโt expect a great climb but given the solidity of the company is definitely a low-risk investment that, given the discounted price can also lead to very interesting gains in the medium term ... obviously if the price starts to rise.
So I decided to increase the positions on Vertex Pharmaceuticals $VRTX hoping to be on the side of the market that as you know always has the reason on its side.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration