Ascending Triangle breakout for TRIL?It appears as though TRIL is breaking the horizontal resistance of the ascending triangle, only modestly at the time being.
The two green lines are the shoulders of an Inverted Head & Shoulders, and the blue head is obviously the head of the pattern.
On the RSI there's a bullish flag or descending triangle forming, I guess we will see if there's enough momentum to break through the downward sloping resistance, and possibly back test turning into support like I have drawn hypothetically in green.
A bearish cross already happened on the KST, it looks like a bullish cross is on the horizon.
Clearly a divergence between the price rising and the RSI moving moderately sideways.
Healthcarestocks
UNH - United Healthcare Overpriced?United Healthcare is trading between the upper Bollinger bands and upper Keltner channel bands and it couldn't be at a better time. The topic of the affordable care act is now making headlines as Republican-led states and the Trump administration voice their case to the Supreme Courts today, claiming that the Affordable Care Act Mandate is unconstitutional. While the outcome of this case is still pending and may not have an impact on the stock, United Healthcare has been known to react whenever there is a potential change in how Americans receive healthcare. Today, President elect Joe Biden made a speech in favor of keeping and protecting the affordable care act. Let's see if any of these recent events surrounding the affordable care act have an effect on United Healthcare's stock over the next few days.
Just looking at the charts, my opinion is that the stock is overpriced. The stock is trading higher relative to the exponential moving average on the chart. So, any news related to the Affordable Care Act supreme court case could encourage a sell off.
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$GRST - UPDATED ANALYSIS$GRST: AFTER A SUCCESSFUL BREAKOUT FROM THE CUP AND HANDLE FORMATION ABOVE .003/.0042, $GRST REACHED HIGHS NEARING THE PSYCHOLOGICAL LEVEL OF .01, AND LEVELED OFF TO RETEST THE UPTREND AND FOUND SOLID SUPPORT AT THE BREAKOUT LEVELS FROM THE PREVIOUS FORMATION. WE ARE NOW SWINGING BACK TO RETEST THE PENNY LEVEL, AND WHEN BROKEN THIS TIME AROUND WE SHOULD SEE A PARABOLIC MOVE TOWARDS .03, MANY NEW DEVELOPMENTS INCLUDING $GRST GOING CURRENT ON OTC MARKETS, ARIA FACILITY RECEIVING ITS LICENSE AND OPENING ITS DOORS TO PATIENTS. MUCH MORE MARKETING IS COMING FROM THE COMPANY TO PROMOTE THE FACILITY AND BEGIN GENERATING REVENUES.
HLT penutupan cantik minggu ini.1) Selepas melalui fasa kejatuhan 4 hari berturut 25/9-30/9 harga cantik melantun tepat di paras middle BB.
2 )Menarik untuk diperhatikan minggu hadapan dengan harga tutup pada hari jumaat RM1.68 dengan volume masuk meningkat menandakan ramai belian.
3) Jika ia boleh memcahkan bdtl(breakdown trendline) resistance seterusnya ialah RM1.91
Kajian diatas bukanlah bertujuan untuk membeli @ menjual saham,
Hanyalah bertujuan untuk pembelajaran sahaja,
Berdagang diatas risiko sendiri.
$LMAT can rise in the next daysContextual immersion trading strategy idea.
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $33,45;
stop-loss — $32,46.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$AVDL can fall in the next daysContextual immersion trading strategy idea.
Avadel Pharmaceuticals operates as a specialty pharmaceutical company in the United States, France, and Ireland.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $5,23;
stop-loss — $5,89.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
PTQ.V -- Trading at discount to $25M bought deal financingJust closed bought deal financing at $1.15. Oversold on the hourly. Hot sector.
Pharma looks fugly on a relative basisBreaking down through support, this is what kept me out of trading PFE to the long-side even though it looked bullish. With the elections coming up and democrats leading the polls, I'd stay away from pharma and insurers. Lean towards medical devices if you need healthcare exposure.
Is Canopy trading in a bullish flag?It's very likely this plays out bearishly as a descending triangle, Canopy recently released earnings & the price continued to sell off immediately in the days following, despite the financials improving from previous quarters, and despite strong beverage sales the market seems to favor the U.S focused MSO's at the moment.
Canopy will need some compelling news to break this pattern to the upside.
Canopy is displaying a Symmetrical Triangle pattern as well, notice the green upward sloping line of support, Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines.
Aleafia is potentially trading in an Ascending Triangle.AH is forming an Ascending Triangle or potentially a Bullish Flag, the dark green line is the base of either a bullish flag or descending triangle, the dark red line is clearly the downward sloping resistance of the pattern.
The dark blue upward sloping line of support has seen multiple bullish reactions upon being tested, I have placed three blue arrows to represent each time we've seen bullish price action upon the blue upward sloping line of support. The blue question mark is where I expect to see another bullish bounce keeping an Ascending Triangle & Bullish Flag intact.
Keep an eye on the divergence that will likely emerge on the RSI if another bounce happens in the price & a rejection comes into confluence with the previous two rejections on both the RSI & price.
A Fantastic Bullish Setup on ADAPThis stock has shown breakout earlier creating wave 1
then it created its wave 3 when it had its stronger breakout
now its doing a flat sideways tight range wave 4
The NEXT breakout will be a wave 5 up
this stock has taken a beating and will rise againthis stock has taken a beating and will rise again
the RSI is very low and earnings are set to come on AUG 10th.
It looks like everyone thinks the report will be bad - I will buy again if it dips to 9.50 , 9 or even 8.
$ALGN can rise in the next daysContextual immersion trading strategy idea.
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $299,35;
stop-loss — $279,00.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Falling Wedge breakout.APHA has broken the downward sloping resistance of the Falling Wedge pattern outlined in blue flush to the upside, and upon back testing the area of resistance it's now turned into support.
Notice the higher high creation for the first time since 2018 ATH's?
The Green pattern in this chart is an Ascending Triangle, and upon break out of this pattern APHA has created a Macro higher high.
Any pull back in APHA would need to hold either the top of the ascending triangle upon a back test, or the upward sloping green line of support if there's to be continued bullish price action.
$ACOR can rise in the next daysContextual immersion trading strategy idea.
Acorda Therapeutics, Inc., a biopharmaceutical company, develops and commercializes therapies for neurological disorders in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $0,86;
stop-loss — $0,81.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$PRPO can rise in the next daysContextual immersion trading strategy idea.
Precipio, Inc., a cancer diagnostics company, provides diagnostic products and services in the United States oncology market.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,51;
stop-loss — $1,34.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$FIXX can rise in the next daysContextual immersion trading strategy idea.
Homology Medicines, Inc., a genetic medicine company, focuses on transforming the lives of patients suffering from rare genetic diseases.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $16,45;
stop-loss — $15,75.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CTIC can rise in the next daysContextual immersion trading strategy idea.
CTI BioPharma Corp., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers.
The share prose rose after the company had announced enrollment of first patient in the COVID-19 PRE-VENT phase 3 clinical trial.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,38;
stop-loss — $1,25.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CEMI can rise in the next daysContextual immersion trading strategy idea.
Chembio Diagnostics has a strong upward trend.
The company develops, manufactures, and commercializes point-of-care diagnostic tests, in particular, COVID-19 tests.
This and other conditions can cause a rise in the share price in the next days.
I saw it again and opened a long position from $5,03;
stop-loss — $4,81.
Information about take-profits and stop-loss will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
LHS appears to be trading in a Macro descending channel.Since LHS has broken down from a Descending Triangle in May/June 2019, the Dark Blue Line is the floor of the Descending Triangle FYI, we've seen bullish support near the bottom of the red downward sloping channel multiple times, I wouldn't be surprised to see a retest of the bottom channel again before breaking out of the pattern bullishly to the upside.
This chart is done on a five year log scale.
$BPMC can rise in the next daysContextual immersion trading strategy idea.
Blueprint Medicines Corporation develops drugs of small molecule kinase inhibitors that target genomic drivers in genomically defined cancers, rare diseases, and cancer immunotherapy.
The share prose rose after the company had announced the deal with pharma giant Roche (RHHBY) to sell a cancer treatment, pralsetinib.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $79,21;
stop-loss — $76,47.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$BLI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Berkeley Lights is a leading digital-cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $58,00;
take-profit — $77,00;
stop-loss — $50,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
