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THYROCARE recently turned trend, about to test resistance zone.Hi. In this 1D chart I've plotted a few things: the recent MA 56 crossing that marked a trend turn, the approaching resistance zone from November last year and an interpretation of the movements since then as Elliott Waves. You can also see: There is still rooms for the Williams 224 to climb further. The historical volatility is lower than it was in November indicating a more stable trend. The Ichimoku is agreeing with the recent trend turn. There is possibility that the MACD will turn down across its signal but I believe that it will either skirt the signal and then continue rising or pass below it momentarily as the current Elliott Correction Wave plays out. It should be noted that the fundamentals of THYROCARE are absolutely excellent and therefore could be worth holding not only for the immediate future. Thank you. Please if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods. This does not constitute financial advice. Any prices, even if explicitly stated, are presented with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
NSE:THYROCARELong
by Kabeldon
MDT price target raised to 133; pent-up demand provides tailwindMDT price target was just upgraded to $133 by Citi. I see it overshooting that in the long run. Elective surgeries have been put off and doctor visits have been down throughout the pandemic so the amount of pent-up demand for surgical/medical care is going to be through the roof. With an aging population, healthcare is a MUST as a sector to allocate to. MDT is an excellent way to play this sector. After periods of consolidation, MDT looks ready to head towards it's price target. My guess is it hits $150 before it reaches any significant resistance. In terms of fundamentals, their current ratio is 2.1020, meaning they could pay their current liabilities 2 times over if sh*t hit the fan and business came to a complete halt. Highly unlikely, but if it did happen, you would be sheltered for a period of time.
NYSE:MDTLong
by EBITDAtiger
2
Buy $SRNE - NRPicks 07 MarSorrento Therapeutics, Inc. is a commercial and clinically staged biopharmaceutical company, developing therapies for cancerous, autoimmune, inflammatory, viral and neurodegenerative diseases. It operates through two segments, Sorrento Therapeutics and Scilex. The company has been constantly adding new options to its bulky pipeline and has made two notable additions in the last month. Sorrento and its subsidiary Scilex are signing an exclusive licensing agreement with Aardvark Therapeutics to treat the post Covid chrononic chondrome. The last move is that Sorrento is buying the outstanding assets of ANP Technologies for a total of $100 million, this acquisition will increase the additional capacity to produce COVID test kits and provide the know-how to optimize the test through the improvement of detection capabilities, thus conferring greater sensitivity and specificity". Technical: MACD Level (12, 26) 1.57 Low levels of RSI 35.78 Oversold MA200 rebound Price below MA 50 and MA100
SLong
by NewroadTrader
5
Buy $WBA - NRPicks 07 Mar Walgreens Boots Alliance ($WBA) is a global leader in retail and wholesale pharmacy, through the dispensing and distribution of medicines, and through its convenient retail locations, digital platforms and health and beauty products. The company has more than 100 years of heritage and innovation in health care. It is a company that handles a good trading volume and is close to filing its earnings report on March 31, remember that in its last report it exceeded expectations with earnings per share of $1.22 and quarterly revenue of $36.31B. Walgreens announced the expansion of its digital health platform, Walgreens Find Care, to include 11 new and four expanded collaborations with service providers, offering easier access to care during the COVID-19 pandemic. With these, people can now access more than 45 national and local health care providers. This platform has increased its use exponentially since the pandemic reaching 20M of visits that equates to an increase of 13 times last year's visits. The company, even the health sector, has a good way to recoil the market and the rotation of investors after the technology selloff could end up in the least disadvantaged. Technical: Support at $46 Bounce in MA50 Low levels of RSI - Oversold MACD Level (12, 26) -4.90
NASDAQ:WBALong
by NewroadTrader
$SSY Announces $2 Million ExpansionSunlink Health Systems, Inc. Announces $2 Million Expansion, Capital and Operating Improvements at Trace Regional Hospital announced today that its wholly-owned subsidiary, Trace Regional Hospital, has implemented its Trace Forward Capital Plan totaling approximately $2 million to expand, upgrade and improve its physical plant, patient care, ancillary services and support areas. The Trace Forward Capital Plan includes an 8-bed expansion of its Pathways Care Program, a geriatric behavioral health service, which will bring Pathways to 26 total beds. "The expansion and upgrade of our Pathways Care Program will allow us to meet the growing demand for quality senior behavioral services as well as acute care hospital services in our northeast Mississippi service area." We wish to thank our elected Mississippi and Federal officials and staff for making these investments possible under various provisions of the CARES Act, which are funding a portion of the Trace Forward Capital Plan, and for prioritizing quality and access to care for the citizens of the Houston and Chickasaw County area during this uncertain and potentially disastrous period of the COVID-19 pandemic." finance.yahoo.com
AMEX:SSY
by AlenCiken
LKL Massive Accumulation by Bank!!LKL has dropped a lot since most of the supply for Covid-19 was sufficient. People forget about this and jerung2 takes a chance to accumulate their shares little buy little like no one knows. We see massive accumulation happen at the current price level. An early sign of the trend we see in 1H TF where price decrease but the stochastic increase. This indicates buying pressure is high causing Bullish Divergence . Today 16 Mac 2021, buyers show their strength by bringing the price close outside BB+EMA50 indicate the sign of strength (SOS) When the best time to enter? 1. After bullish divergence confirmation (dah terlepas) 2. After MidBB close above EMA50. 3. When MidBB above EMA50 and price retest midBB with oversold stochastic. This is the best chance to enter. Cutloss? If price closes below starting divergence. TP? when you feel enough... But for me... I will close when the price when Daily TF closes below EMA6.
MYX:LKLLong
by ArifHasbollah
5
$CHEK Receives FDA IDE Approval for Pivotal Study of C-Scan®Check-Cap Receives FDA IDE Approval for Pivotal Study of C-Scan® today announced that the U.S. Food and Drug Administration (FDA) has approved the Company's Investigational Device Exemption (IDE) application, permitting Check-Cap to begin a pivotal study of C-Scan in the U.S. The pivotal study will evaluate safety and performance of C-Scan as well as subject compliance with C-Scan. Now with IDE in hand, we aim to enter the last phase of demonstrating the clinical potential of C-Scan in the U.S., with the ultimate goal of commercialization in this important market. "We are in active discussions with a number of clinical sites as part of our preparations to begin the pivotal study in late 2021. finance.yahoo.com
NASDAQ:CHEK
by AlenCiken
Exela Technologies Wins $90 Million ContractExela Technologies Wins $90 Million Contract for Cloud-Hosted PCH Global, Delivering Healthcare Solutions for Major US Insurer $XELA today announced a 10 year, $90 million venture blending automation technologies, SaaS, and services through its PCH Global platform, which officially launched in September of last year. This effort will accelerate the digital transformation efforts for a major US health insurance company and is part of a broader relationship that included over $28 million in revenue in 2020. finance.yahoo.com
X
by AlenCiken
Teladoc Health Ready For A Rally! 🩺TDOC had a massive $133 correction since February 16th. They reported an earnings of -$3.07 which missed estimates of $0.24. Big miss on their earnings accompanied with a correction in the overall market resulted in price landing below $200. The past 4 days TDOC reached a low of $174 and today managed to test the $200 support but failed to get above. I have entered 4/16 $220 calls at close today avg $ of $7.15. Will look to add more TDOC swings on continued show of strength. Over $200/202 TDOC can make a move back to $220 quickly if the market holds up. Chart: HVN: HVN at ~$195 serving as a strong support zone. This is where TDOC can chop around at if it isn’t ready to break $201/202 lvl yet. HVN at $217/220 area serves as first PT. Fib: Fib retracement lvls at $201.5 and $222 serving as good entries/exits. Support/Resistance: Resistance levels roughly at $200,210, 216, and 221 lvls to play off of as well. EMA’s: 20 EMA will be right at 223 on the Daily chart MACD & RSI: both are gearing up for reversals Plan: I entered a smaller position and would like to add heavier on confirmation of a move back to $220 PT. SL: Will be watching $188-$190 lvl to hold as support for SL if we re-trace. Current AH price action has TDOC above $200 but lets see what it does Friday.
NYSE:TDOCLong
by DOpeTrades
Cardinal Health working on breaking through resistanceCardinal health is currently sitting at a resistance level that held from 2000-2013. From 2014-2018 it traded above this resistance level, but in 2018 it dropped back below it. For the last two years, the stock has been trying to break through this level, but has been rejected roughly 19 times. Thanks to trend line support, we're coming toward a decision point within the next few months. I think there are several good reasons to think we could see a successful breakout soon. Valuation I estimate CAH's forward P/E below 9, and its forward P/S at an amazing 0.09. The stock should have a forward dividend yield of about 3.5%. It's not much of an innovator, but its pace of patent filing has been picking up over the last few years. CAH has been growing earnings at an annual rate of about 1.5%, sales at a rate of over 2%, the dividend at 0.5%, and free cash flow at a rate 4%. So it's a growing company with lots of free cash flow and a very attractive PEG ratio. I estimate that CAH has about 17% upside to its median price multiple of the last 4 years, so the stock looks undervalued here. Sentiment S&P Global Market Intelligence gives CAH an average rating of 86.75/100. It gets a better-than-average ESG score as well. The average analyst score, according to Thompson-Reuters Starmine, is 9/10. This score has recently increased by several points. Open interest from option traders is in bullish territory, at 0.9. Technicals are bullish, and CAH has 17.5% upside to the average analyst price target. Overall, sentiment looks quite positive for CAH.
NYSE:CAHLong
by ChristopherCarrollSmith
3
APHA Day Trade IdeaAPHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel. It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level. If APHA crosses above 17.81, the Point of control (POC) where volume is most concentrated is at 18.75. Crossing this level is less probable but not impossible, as APHA has been known to out perform both in market hours and after hours. I currently have no position in APHA, so this is just my unbiased opinion.
ALong
by khollspati
CLOV - There's absolutely NO SHOT..... right?Alright, so hear me out. NASDAQ:CLOV has this insane, speculative expanding wedge/triangle pattern forming. I mean, there's absolutely NO SHOT this can actually play out. It HAS to be just a coincidence...... right? The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
NASDAQ:CLOVLong
by jstrasburger
9
OcugenOcugen, Inc. is a biopharmaceutical company focused on discovering, developing and commercializing transformative therapies to treat blindness diseases. Our breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with one drug – “one to many”. And our novel biologic product candidate aims to offer better therapy to patients with underserved diseases such as wet age-related macular degeneration, diabetic macular edema and diabetic retinopathy. I might've marked this up a few weeks ago. However, here is an updated outlook after hearing some positive news from its camp that was released today. What do you think? Like, Follow, Agree, Disagree! Details in photo! Strike price $12.12
NASDAQ:OCGNLong
by Redimere_91
11
EDIT Genome Editing Long-Term SwingEDIT NASDAQ:EDIT is a genome editing company with treatments being developed for Leber congenital amaurosis**, Usher syndrome, neurological diseases, Sickle cell disease, beta-thalassemia, as well as cancer treatments through NK cells. The leber congenital amaurosis clinical trial is currently the furthest along but still in its earlier stages but has completed dosing all of its patients. The results of that clinical trial will be HUGE. That will set the blueprint for EDIT as a company. The same principles for that EDIT-101 clinical trial are being applied to multiple other medicines and can lay the blueprint for huge medical breakthroughs. ARK believes genome editing is the future of medicine and I agree. This 46% sell off since EDIT’s highs looks to be a strong bounce area. I grabbed a small starter position on Friday last week but will look to add to my position this week and add dips to $50. If we fail $50.48 HVN area I will use that as my stop. Chart: EDIT looks to be in a prime bounce zone right now and I will be looking for it to hold the HVN area ($57-$66) for some consolidation. Daily .618 fib retracement line has served as support multiple times and will want that to hold up this week. Need some volume to being accumulating on EDIT and close back over the $58 lvl.
NASDAQ:EDITLong
by DOpeTrades
1
Flag forming in Gold. $2,200 possible within the yearGold has been consolidating and retracting in volume. It looks coiled to break-out past previous resistance. The 50,100, and 200-day moving averages are on the verge of intersecting and hopefully reversing course in a more bullish direction. Signal to buy should be when shorter-term MA's breakthrough 200-day. RSI, MACD, and Gold spot prices have been declining in unison. RSI signals it is not overbought and MACD is signaling buy which gives this trade some legs and breathing room. On the fundamental side, gold is the most resistant to rust and corrosion, making it the most reliable and durable electrical conductor. It is key for computer and satellite technology. If Starlink is going to become a reality, regardless of whether or not it does so under the umbrella of Tesla or by IPO'ing, they will need a lot of gold to make those satellites low maintenance. Gold is also essential in the production of green technology and it is essential for healthcare and our digital world. I expect spot prices of $2,200 within the year and at least $2,500 by 2022.
TVC:GOLDLong
by EBITDAtiger
3