Bullish
Fundamental
- High inflationary Macro environment / Market has no fear sentiment
- Funds Accumulation
- Positive PE
- Decent PEG
- Positive P/FCF
- Strong Sector / Industry
- Biotech seems to be breaking out
Technical
- Momentum Theory Indicator - bottomed and broke out neckline
- Price action formation ( falling wedge )
- Broke out Trend line with volume
- Price above 200MA
- Price above POC
- Broke ST
- Engulfing candle follow through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"the prize is in the process"
Cheers and happy trading!
Fundamental
- High inflationary Macro environment / Market has no fear sentiment
- Funds Accumulation
- Positive PE
- Decent PEG
- Positive P/FCF
- Strong Sector / Industry
- Biotech seems to be breaking out
Technical
- Momentum Theory Indicator - bottomed and broke out neckline
- Price action formation ( falling wedge )
- Broke out Trend line with volume
- Price above 200MA
- Price above POC
- Broke ST
- Engulfing candle follow through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"the prize is in the process"
Cheers and happy trading!