Notes:
* Strong up trend
* Okay earnings track record
* Consolidating for the past ~9months
* Bouncing from its 50 day line with bullish momentum
Technicals:
Sector: Healthcare - Biotechnology
Relative Strength vs. Sector: 1.73
Relative Strength vs. SP500: 1.32
U/D Ratio: 1.97
Base Depth: 36.27%
Distance from breakout buy point: -1.16%
Volume 19.91% above its 15 day avg.
Trade Idea:
* You can enter now as the price is still close to the 50 day line
* If you're looking for a better entry you can look for one around the $32.76 area as that seems to be a pivot
* This stock usually has local tops when the price closes around 33.16% above its 50 EMA
* Consider selling into strength if the price closes 32.96% to 33.36% (or higher) above its 50 EMA
* The last closing price is 10.55% away from its 50 EMA
* Strong up trend
* Okay earnings track record
* Consolidating for the past ~9months
* Bouncing from its 50 day line with bullish momentum
Technicals:
Sector: Healthcare - Biotechnology
Relative Strength vs. Sector: 1.73
Relative Strength vs. SP500: 1.32
U/D Ratio: 1.97
Base Depth: 36.27%
Distance from breakout buy point: -1.16%
Volume 19.91% above its 15 day avg.
Trade Idea:
* You can enter now as the price is still close to the 50 day line
* If you're looking for a better entry you can look for one around the $32.76 area as that seems to be a pivot
* This stock usually has local tops when the price closes around 33.16% above its 50 EMA
* Consider selling into strength if the price closes 32.96% to 33.36% (or higher) above its 50 EMA
* The last closing price is 10.55% away from its 50 EMA
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.