Insiders high level are loading up shares in the sub 3.00 area, I will personally scoop up shares between 2.99-2.54 Below that this plan is invalid. Stop placed at 2.54. HUGE POTENTIAL FOR GAP FILL ON ANY POSITIVE NEWS. GOING THROUGH NO MANS LAND WITH VOLUME MEANS HUGE POTENTAL. Because these things can be event based set your limit sells at numbers that make...
Amylyx stock ( NASDAQ:AMLX ) crashed Friday, losing almost all of its value, after the company said its approved ALS treatment, Relyvrio, failed in a pivotal study. Patients who received Amylyx Pharmaceuticals' ( NASDAQ:AMLX ) Relyvrio showed no significant difference across multiple markers measuring the severity of amyotrophic lateral sclerosis, the longhand...
Price in a clear uptrend and RSI trend bullish, I'm expecting the price to break the Ichimoku cloud. Areas plotted to look out for, combined with moving averages.
ALMX has broken out of this strong down channel in red It has re entered a prior up channel that is looking to break to the upside This prior up channel will lead AMLX to its bullish potential (likely even breaking out of the channel)
The health care industry is being leading the charge, NASDAQ:AMLX is the proof of that. This recent IPO just broke out of a good looking cup & handle pattern. Also, IBD is giving a 99 relative strength rating. So, I enter today with a small position. A "pilot position", as Mark Minervini would say. The market is still under pressure so I'm testing it. As this...