VRTX Gap Fill Play - Bullish- Vertex Pharmaceuticals Incorporated engages in developing and commercializing therapies for treating cystic fibrosis.
- Target Price: $292.00 by CreditSuisse Oct 29, 2020 with multiple buy ratings by different analysts
- Recent Drop from failed study of VX-814 for patients with ALPHA-1 ANTITRYPSIN DEFICIENCY, but still one more study going in same target area and fundamentals of other revenue makers intact.
- Price entering the gap from that day's drop.
- Trends of more insider buying since the drop and stock buy backs. Signaling that the stock is undervalued.
- Bull flagging right under the gap.
Key Level: $232.41
Price Target: 269.93
ATR: $6.60
Play:
Bullish Gap Fill
Buy the Dip under the key level to scale in
Use $232.41 as inflection point.
Look for breakout with increased volume
Price Target: 270
Under $224 will invalidate
Gapfill
NNDM - direct offering @ $5, where is the support?NNDM was trading up to $7.36 last Friday before closing @ $6.53. Before market opens today, NNDM announced another direct offering @ $5 for a gross proceed of $60m.
The stock is expected to trade lower when market opens after this announcement and could provide a buying opportunity. I am expecting to see support between 5.70 (Gap close here) to about 5.55 (38% fib retracement level). Let's see!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts :)
ZM Gap FillBig gap from $474 to $499. A break of $474 will send this flying up the gap and potentially thru $500.
We're going into lock down again, there's no way around it. ZM is a good hold until next summer in my opinion.
The break above the resistance on 11/27 was confirmation to me that this is good for a swing!
SHORT TERM PLAY : $500 Strike Dec 31 Exp Call
COUPLE MONTHS SWING : $550 Strike March 2021 Call
Week of 11/30 Target Price: $500
February-March Target Price: $600+, all time highs
AMD Small Gap Fill, $90 Target$86 is our support. We have a small gap that still needs to be filled from $88.80 to $89.80. As long as we stay above $86, we're perfect.
Last week's high was $88.04. Once we pass that, looks to be a clear shot to $90.
PLAY : Already bought and will continue to buy more $90 strike January 2021 calls , unless $86 doesn't hold.
Sand P Nenstar Shark Harmonic RetracementChart says all. Expect pullback to 3390 to fill the gap at the 0.618. Might turn sooner, ofc.
"Bearish Nenstar harmonic, cousin to shark, cypher, bat/butterfly patterns; a Gartley variant. Typically the selloff from pattern completion at D is a .50 retracement"
Just an idea not advice; trade at your own risk, GLTA!
analysis EUhello traders, here is an entry area prediction to the downside. As you can see that it made divergence to the left. I'm assuming that will making head and shoulders on the 1hr around 61% of the fib and then shoot down to fill in the gap below. Be careful with news and the vaccine. Thanks for reading!
Analysis Gold hello traders, you see when there is a lot of conformations in those area. There is an huge gap area on the 4 hour downward. Divergence on top of candles and IRS. Head and shoulders form. Short sell coming. All you need is 20pips a day to change your life. Catch a pieces not a whole. Thanks for reading!
Apple Gap Fill Apple has a gap to be filled at $99.97 and a demand line starting from around $105.00 which may represent a fantastic buy zone.
This pattern holds a high probability of a bounce off this zone if the rest of the market can hold together over the 2020 election period.
One should be on the lookout for bullish divergence on the MACD and RSI after price retreats to these levels for potential buy signals.
Interim targets should see retests of price to around .382 to .618 Fibonacci extensions.
Conservative target is $130.00 at the .786 fib extension.
Final profit taking target is $147.00 (1.272 Fibonacci extension and estimated measured move which will become more accurate once price breaks out above supply line and gives us a reference area to measure from.
Considering the beautiful Google (GOOG) gap fill bounce on Friday, this trade is looking quite promising!
Good trading everyone :D
A gap fill in all its splendour. Google Long (GOOG)Genuinely beautiful example of a gap fill on Google (GOOG)
A gap (green box) created on October 12 after the market opened higher was eventually filled, becoming a launchpad for price (red price).
Notice the price behaviour around support resistance areas marked in pink.
Fibonacci targets were 50%, .618 and .786 (green price) with the move ultimately overperforming a little.
One of the only big tech in the green on open today...
NTPC SHORTit has formed a head and shoulders pattern on 15min timeframe, rejecting the above resistance around 90, can look for shorting opportunity around its neckline which is at 87.40, or can short around level of 87 from where there is a gap stretching till 86 which can be filled out if it shows bearish signal and follows the pattern