MRK - Too Good To Be True?The price here has focused into the obvious descending triangle for almost about a year now!
It is not obvious if it will hold or not, but the current company health especially regarding profitability along with price action point towards a downward move, especially after the bullish momentum over the last couple of days.
This play is being taken to play on the chance that the stock continues to retrace some of its gains from the past week, ideally before the next earnings report.
Let's see how it goes down; it should be a very short-term trade.
Stop @ 60.13
Target @ 57.09
Healthcare
UNH - Slowing Down or Beginning of The End?This stock has been one of the best winners in healthcare over the past few years, in terms of company health, profitability and correlation to stock price action.
All the same, just like with A , the current market uncertainty has left the stock here in a wedge pattern after its earnings report.
Even though the earnings beat estimates, it was not better than the prior growth experienced and so combined with the overbought nature of the stock, this could be a sign that the stock is topping out at least for now.
In short, if the company fails to keep growing, fear could set in and investors will go ahead to ease off the gas pedal, leading to a possible bearish trend.
For now, I am looking for a bearish drift after earnings, but I look to stay longer if a bearish trend develops; losses will be cut quickly.
Stop @ 242.18
Target @ 227.79
PG.... Sad Story but meeting support?
I don't follow this stock and it was a friend of mine who pointed it out to me. There is a massive amount of pain in this stock chart. First off, you had a bad, bad break of the 200 day moving average all the way back on January 23rd. If you were watching the charts, this should have been a pretty good signal that something was up with the stock. You also had above average volume coming in confirming that this move was most likely meaningful. The second warning shot was the death cross that happened on February 8th.
Today's bloodbath on top of the recent months of selling has taken this puppy all the way back to the levels it was at in January 2016. Ouch
If you take this all the way back to 2009 and draw a best fit line, today's prices stopped to meet this trendline support. I would have to hope that the pain is in the past for PG and maybe this is a capitulation "wash out." If it breaks this line.... then "adios amigo." How far it goes, how long it lasts.... nobody knows.
SEVERAL BULLISH SIGNS FOR CHEAP HEALTHCARE STOCKFound myself looking around for some side plays with the stock markets rallying today all while cryptos are facing some uncertainty. I'm also keeping my fingers crossed for UofL to sign Chris Mack as their head men's basketball coach. Anywho lets get into it
TRXC TransEnterix is a small healthcare instrument supply company, the fundamentals are not great but its starting to show some great signs, with it appearing to be
- breaking out of a down trend from October
- printing a cup and handle formation since February
- breaking out of a smaller descending wedge for March
- SMA 20 crossed above the SMA 50
Given all the factors I'm hoping we can gather support through the .23 retracement and eventually work its way back to the .618
Overall this seems like a cheap play and could be fun to watch over the coming weeks.
Not advice - happy Monday
*Delgado*
TROV ForecastMy opinion of where TROV is headed in the next few days. I'm a swing trader so I dont hold em' for longer than a 2 weeks. I'm open to ideas and suggestions as I am still learning the trade myself.
CHFS CHF-Solutions ER Report WILL IT FILL THE GAP? This needs volume to fill the gap. Not Much news out. Think or swim Calendar says ER is the 15th of March Meeting with investors is on the 18th, saw a decent Roth Conference Slideshow, and they just had an inducement grant approved and I believe there was insider stock purchase a month or two ago. The company will meet with investors throughout the day on Tuesday, March 13, 2018 at The Ritz Carlton, Laguna Niguel, Orange County, Ca. John L. Erb is CEO...Please do your DD but my opinion is this thing has a nice POP coming. Please give any feedback. Good or Bad.
Market Capitalization
$6.44M
$12.97B
9th
Total Return (1 Year Annualized)
AS OF 03/08/2018
-95.35
24.64
--
Beta (1 Year Annualized)
0.63
0.97
91st
EPS (TTM)
AS OF 09/30/2017
$-115.40
$0.56
2nd
Current Consensus EPS Estimate
$-1.26
--
--
EPS Growth
(TTM vs. Prior TTM)
+79.32%
+10.48%
88th
P/E (TTM)
AS OF 03/09/2018
NM
74.14
--
Dividend Yield (Annualized)
--
--
--
Total Revenue (TTM)
AS OF 09/30/2017
$3.47M
$12.85B
29th
Revenue Growth
(TTM vs Prior TTM)
+538.67%
+17.36%
100th
Shares Outstanding
1,799,000
649,075,968
3rd
Institutional Ownership
26.40%
81.26%
39th
INSY Target $23 FDA Cannabidiol Fast trackFDA Grants INSYS Therapeutics ‘Fast Track’ Designation for Cannabidiol (CBD) Oral Solution as
INSYS Therapeutics, Inc. (NASDAQ:INSY), announced today that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to the company’s cannabidiol (CBD) oral solution for the treatment of Prader-Willi syndrome, a rare and complex genetic disorder characterized by insatiable appetite in children that often leads to obesity and type 2 diabetes.
“FDA’s Fast Track designation will enable an expedited regulatory review process for our proprietary formulation of CBD in the treatment of pediatric patients with Prader-Willi syndrome, a debilitating condition which currently does not have any approved products available,” said Steve Sherman, senior vice president of regulatory affairs for INSYS Therapeutics. “We plan to start the clinical development program for this promising therapy in late first quarter of 2018.”
The most common known genetic cause of life-threatening obesity in children, Prader-Willi syndrome has a prevalence of approximately 1 in 15,000, according to the Prader-Willi Syndrome Association, occurring in males and females equally and in all races.
“We are very encouraged by the FDA’s decision to put CBD for Prader-Willi on the Fast Track and believe it is good news for these young patients, their families and clinicians,” said Saeed Motahari, president and chief executive officer of INSYS Therapeutics. “This special regulatory designation represents a significant milestone in the company’s R&D program, which is focused on developing and delivering safe, effective and novel treatment options using cannabinoids and novel drug delivery technology for unmet medical needs.”
About INSYS
INSYS Therapeutics is a specialty pharmaceutical company that develops and commercializes innovative drugs and novel drug delivery systems of therapeutic molecules that improve patients’ quality of life. Using proprietary spray technology and capabilities to develop pharmaceutical cannabinoids, INSYS is developing a pipeline of products intended to address unmet medical needs and the clinical shortcomings of existing commercial products.
Forward-Looking Statements
This news release contains forward-looking statements including regarding (i) our belief that FDA’s Fast Track designation will enable an expedited regulatory review process for our proprietary formulation of CBD in the treatment of pediatric patients with Prader-Willi syndrome, (ii) our belief that Prader-Willi syndrome currently does not have any approved products available and that our proprietary CBD formulation has potential to be a viable treatment option and (iii) our plan to start the clinical development program for this promising therapy in late first quarter of 2018. These forward-looking statements are based on management’s expectations and assumptions as of the date of this news release; actual results may differ materially from those in these forward-looking statements as a result of various factors, many of which are beyond our control. These factors include, but are not limited to, risk factors described in our filings with the United States Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended Dec. 31, 2016 and subsequent updates that may occur in our Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date of this news release, and we undertake no obligation to publicly update or revise these statements, except as may be required by law.
October 26 Earnings: Gilead - Flying the KiteGilead's core product pipeline, including recent FDA approval is set to soar as key drugs and generics are continuing to outperform.
The company's recent acquisition of KITE Pharma came at the perfect moment with KITE being granted a key drug approval by the FDA.
Gilead's recent cost cutting efforts and R&D focus are to further push growth prospect and boost overall FY guidance.
Generic competition will continue to weigh, however, and limit some blockbuster drug expansion.
I'm starting Gilead with a $90 PT for an extended post-earnings move.
A S/L at $75 around recent area is advised.
$RADSTOCK SEEMS TO HAVE FORMED SAUCER PATTERN. PRICE HAS BEEN ON A NOSE DIVE SINCE THE START OF THE YEAR AND I HATE TO CALL TOPS/BOTTOMS BUT I LIKE THE STOCK TO RALLY SOON. TIGHT STOPS @ $2.05
CVS, waiting for the breakoutThe stock is moving in a sideways parallel channel started at the beginning of 2017. This movement can be a redistribution or an accumulation phase, it depends if it breaks lower or higher. If the price breaks lower the minimum target is around 70 and if it breaks higher the minimum target is around 88. The breakout must be confirmed by very high volume to avoid fakeouts or pullbacks.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
PTOY LONG HODL Get it while it's hot!This company is going places, I have been researching the team, the fundamentals, and TA for about a week or two for a few hours every day. The entirety of the staff checks out and they have built a HIPPA approved platform to interface with EMR companies. This will revolutionize healthcare as we know it, they have a free app coming out this month for patients to interface with their care team as well as other individuals with similar conditions. They have been chosen to present at a convention in Atlanta October 2017, have been picked multiple times in multiple places one of the top ten most influential companies, not even at events solely restricted to the crypto space...top ten out of hundreds of other companies. This will disrupt healthcare IT as we know it! They are also doing a trial at 8 hospitals for ninety days. This will climb throughout that time and if even one of those 8 hospitals signs on after the 90 day trial that will send it flying. I have connections in the healthcare space, (specifically pharmaceuticals and EMR) and I have showed them this company and their plan of action and they agree that it is a winner. Oh did I mention they are HIPPA compliant, yes I did, but that is HUGE. My understanding is that they can interface with current EMR companies as well as having the technology to possibly replace them down the road. My understanding is they are also aligned with Kaiser Permanente which is almost enough right there. If you have a little more time than I have taken already there is a great analysis on medium that I cannot take credit for.
medium.com
Writing this I feel like a schill but this is far from the truth, I have bought in 3x and plan to as much more as I can, my family is and my friends are. This one is a win that I may not ever let go of.
A Low Beta Way to Play Biopharma IndustryAttached is a piece about SWKH in which I discuss the value within the company, and I suggest it as a way of exposure to the healthcare technology sector without the risk. How is that possible? SWKH uses debt investments when making acquisitions in companies. Debt investments are usually the first investments to be paid back in full when a company undergoes liquidation / bankruptcy. Give it a read and let me know what y'all think.
rockvuecapital.wordpress.com
All the best,
RC
XHS Monthly View - Primed for LiftoffA close above 60.51 will launch this into a monthly wave 3. Obviously be cautious with political risk in Washington on Trump Care - but these companies will undoubtedly get a nice push with a republican administration. Less regulation is a good thing for this basket. Would make an excellent 3-4 year IRA holding at this level imo.