Weekly chart for BCRX showing a large symmetrical triangle that price has recently broken out of Using a bars pattern we can plot potential future price action (in green) Price will likely stay above the upper part of the triangle, which is shown in the green pattern
I propose that there will be no further rejection from .382 after the one we have just seen (in green rectangle) which has been used to form a support This support is something that has been lacking in all the past jumps in price, making me think that this time will be very different Another idea that supports this is the indecision shown on the Gaussian Channel...
Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart: 1. Price levels are working good here 2. Globally and locally uptrend 3. The level confirmed by FB 4. All-time high 5. enough room for 1 to 5.1 r/r 6. The price came from below 7. Report on FEBRUARY 23 8. A near test what is bad for short but it stoped below the level 9. No news for the last...
This is very important point for $BCRX, I can see this go either way but my guess is by the end of the week we see $BCRX at $16. I am going to do a more in-depth analysis in the next week.m
Retrospective look at $BCRX: 1. Gap down to lower low aligning with oversold signal on RSI (Blue Circle). 2. Continued downtrend forming Descending Triangle (Pink Dashed) following hypotenuse resistance line and flat support line. 3. Double bottom then forms (Green Box & Dotted Line and Orange Arrow) within the converging trendlines. 4. Simultaneous bullish...
WATCHING $BCRX for ENTRY TARGET @ 14.44 Look to the right. Entry target in grey. Sell target in green. Double position target in red. That’s it.
Buy put 12, April 16 I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live...
BCRX is trading inside a perfect ascending triangle pattern. - BioCryst annnounced this week that the company will host a virtual R&D day on Monday, March 22, 2021 from 9:00 am to 11:00 am ET. - As with many catalyst and events, this could be a "sell the news" and we could see the price sell off on Monday, as the stock already saw a cool 5% gain on Friday in...
After a bit of correction and going down to sub $9 last week, buy side was more powerful Friday afternoon, and the SP climbed above $9.50... $10 is a first level resistance point, but once it is achieved, we can expect the SP to run towards $11.80... Support would be around $8.80 but considering the earnings was moved 2 weeks earlier (which may be a good sign),...
looking for possible pull back to 11 then a break out into the low 20's in next few months. $XBI
After basing for many years, CDXC is showing signs of awakening. Stocks are being accumulated but not aggressively. It's one of few bio stocks with insider buying at the current price. The co is likely on track doing $200 mil revenue in 2 or 3 years, 10X of the 200 mil revenue = 2 bil market cap, with about 62 mil shares O/S. Potentially huge valuation...
A company that designs and develops novel, oral and small-molecule medicines. Its drug candidates include Berotralstat, BCX9930, BCX9250, RAPIVAB, ALPIVAB, RAPIACTA, PERAMIFLU, Galidesivir and Mundesine. anticipates two regulatory approvals for berotralstat in 2020, Even more impressive, that BCRX will likely get a significant near-term boost from the success of...
BCRX SECRET SAUCE 15-16$ COMING ATTRACITVE RISK REWARD
After breaking ‘top-side’ two (2) weeks ago, shares of BioCryst Pharmaceuticals Inc. (BCRX) continue to digest and consolidate the recent run into higher ground in a constructive manner. As we can observe from the Daily chart above, BCRX appears to be building-out a Flag pattern that both investors/traders may want to monitor in the days/weeks...
If you're going to play anything next week premium selling wise, it's going to be in earnings, because that's all that's really out there volatility-wise. The VIX remains persistently low here, and running a screen for exchange-traded funds with >70% implied volatility rank, and >35% implied volatility yields absolutely nothing. Here's what showed up on my radar...
Honestly, I'm not familiar with the ticker. But the timeframe MAs on the weekly and daily line up accordingly so it's a pretty chart to look at.