financialSnail88674

financialSnail88674 Updated 

Strong resistance on a daily chart so guess I may try to get some fast small profit here.

financialSnail88674

Carmat SA, producer of first ever artificial heart, obtained permission to sell it in the EU as a bridge to a heart transplant. It also pans to treat the first patients in the US in the first quarter 2021 “based on ongoing discussions with the FDA”. In the EU only estimated annual sales may amount to 700 million EUR by 2030. Thus, I expect market cap to increase...

financialSnail88674

These are results of 2020. Actually, these are 1 month results, as I have just started here in the end of November 2020. Total ideas: 24 Ideas that won and closed with profit: 7 (5 exactly as predicted, 2 closed earlier with smaller profit) Lost on predicting movement: 7 Active trades that are moving in favorable direction: 7 Unclear active trades that still...

financialSnail88674 Updated 

First - waiting till it fills the gap @ 0.98 Then setting stop-loss @ 0.75 Then waiting for the results of their clinical studies. Shall we see $2-3? Or $6-7 like from the forecasts of 2017-2018? Time will show. Mind the fundamentals and news.

financialSnail88674 Updated 

Difficult to tell one month after the IPO, but I guess the company has potential, given the fact that they are working to treat fibrosis (which is also caused by Covid-19). So I am going long with tight stop.

financialSnail88674

CVAC is breaking the support @ 85 today and may be heading to fill the gap @ 61.94. 60’s may prove to be the next support. After that it should be taking another wave up to 220’s.

financialSnail88674 Updated 

The stock has never been cheaper (except covid crash) so it looks like a nice opportunity for a long. Moreover there is a gap to be filled. Going long with a tight stop - might be a nice reward without too much risk.

financialSnail88674 Updated 

Strong company Nice ratings Strong support I am long

financialSnail88674

Are we seeing return to 28-38 range? Is it going to test 38 at all? No idea here, just wondering. Will be watching.

financialSnail88674 Updated 

MRNA is testing support. It should break out of the pennant soon. Taking into account the news, I think the break out will be on a positive note. "The U.S. Food and Drug Administration released a 54-page document outlining Moderna’s (MRNA) request for an emergency use authorization (EUA) Tuesday, bringing the biotech one step closer to the finish line. Though it...

financialSnail88674 Updated 

There was an impulse on Friday evening, not a big one but it did help to break the ATH. So my idea is that it will continue this week on a bullish note. On Monday it should test previous ATH resistance, which is now a strong support. And if it stands it, then it goes to the new highs - 3710’s may be seen on Monday. Average true range is what - about 40-50 now - so...

financialSnail88674 Updated 

Descending channel + head and shoulders.

financialSnail88674 Updated 

ADC is trading in the range. If (or when) it reaches 62, it will be a good signal for a long position with take-profit at 65. Strong support allows to set tight stop-loss. Waiting to see how it develops within couple weeks.

financialSnail88674 Updated 

Doesn't it suspiciously nicely fit the trend on those negative news? If it stands the support, we may see new highs next year. I wouldn't add to the position but neither would I sell it off. Wait and watch.

financialSnail88674 Updated 

OCX broke through resistance and after a few tests of the new support may be heading up to fill the gap and, potentially, even higher.

financialSnail88674

Doesn't it look like a nice huge pennant? We might see SLV @ 30 by Mar. In any case I would be very cautious about this one as there are many additional inputs to be taken into account before trading this just on the basis of this pattern.

financialSnail88674 Updated 

There were couple ATH tests and we may see more today. It looks like the resistance there is strong and won’t be broken, not this week at least. So my guess is we will see some profit taking through Friday evening thus leading to test support @ 3620’s and, probably, 3590’s as well. Previous idea below.

financialSnail88674 Updated 

Forecast for the week 30 Nov - 04 Dec.