$NOVN has a couple different roads to choose from both leading to the same destination IMO
Good buy here expecting it to run 50-60% higher.
AUPH is sitting on fib support here. Great spot to buy. Expecting this one to double.
BTAI has same promising setup. It has retraced 61.8% of the recent upmove and is poised to launch a lot higher. Good risk/reward long here.
The IBB is retesting a previous long term breakout level! What happens here is very important. If it holds, then that's bullish. If it breaks back below, then that would be a bearish development.
Stocks which outperform Biotech index since Mar 18, 2020 - the beginning of a new trend. NVAX, NVTA, IMMU, INO, BCRX, TGTX, OPK, RARE, ARWR, MRNA, HALO
I've seen thousands of charts over the years. Very few look as promising as this one from a breakout perspective. Nothing builds energy like a long term consolidation does. This one is 15 years. On top of that, we have a 6 month candle closing at the end of June. This will be the stock's strongest price action in its history. Something is cooking...
IBB looks to have a just broken out of a 5 year basing pattern. The longer the base, the higher in space. I'm going long 3-5 year hold with sell target of >$400.
$IBB Looking Near Term Over-extended Long term rising wedge has formed. If broken, we could see $124.00 in medium term. Note: Not investment advice.
Very nice symmetry in this H&S pattern. I expect an explosive move
- Twist Bioscience Corporation is ranked one of the most relatively strong stocks out there now. - The opportunity for long/short equity in these times is just astounding to me. - I don't think I've ever seen so many stocks trading as if they're in parallel universes.
IBB is forming an ascending triangle, which is a continuation pattern after the breakout. Important to note the 20sma, which has been very supportive in the trend. The is also some support we can see many candlesticks with bottom wicks, meaning the shorts were met with buyers very quickly.
IBB reached the target we forecasted on May 6 and at this stage it should have completed primary wave 5. It should now start a correction that can take it to new lows. The alternative scenario would be that we would see a minor correction to around 115 before trend to new highs. However, in both cases prices should follow the path to at least arounf the most...
IBB seems to have starting minor wave 5 up that could lead its price to the most probable target of 134.00. This sector should be be one of the good options to be in during the current market scenario. If prices crosses down 199.70, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
CSBR has broken out of its wedge a while back but hasn't done much since. I think it is gearing up for its next move higher. I would watch for a test of the trendline and look to accumulate there where I expect the stock to begin its next launch to new highs.