The stock has risen nicely since the news on 12 DEC 2020, that Novan Inc is working on an intranasal vaccine for Covid-19. That grabbed my attention since I am not looking forward to that inch and a half needle being jabbed into my arm. As you can see a beautiful pennant started forming at the end of a cup and handle pattern so I jumped in at 1.02 per...
Filled the gap up from 13 JAN and is now sitting on support of 16.50
Playing Stock Trading Game: Stock has been climbing as Spy drops. Earnings on NOV 11th. Short term long.
Playing Trading Simulator Game: Head and shoulders pattern on the daily chart. $4 price drop on heavy volume. RSI does NOT show an oversold condition.
Playing Trading Simulator Game: Pennant forming. Guessing it will climb in a couple days. Warning: Overbought since 29MAY18.
Playing Trading Simulator Game: Long term triangle. Earnings in 11 days. Could a close above 258 take us to 274?
Playing Trading Simulator Game: Splunk in a nice uptrend. It is near highest highs. Earnings in 7 days. Typically rises after earnings. Buy low sell high. Watch stoch and RSI for entry.
Playing Trading Simulator Game: Cup taking shape on the daily chart. Price in upward channel. Stoch in upward channel. RSI shows nice upward trend. Enter long after price above: a) 16MAR18 high of 292.30 b) 26FEB18 high of 296.10 c) Psychological resistance of 300 My choice: BUY STOP at 301.5
Playing Trading Simulator Game: Triangle pattern identified.
Playing Trading Simulator Game: Triangle pattern identified
Playing Trading Simulator Game: triangle pattern identified