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$SMMT Next Target PT 2 and higherSummit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.
NASDAQ:SMMTLong
by BADQOMOCAWGOWLD
BTC relies on support at $ 23,021Hi everyone. Today with yellow lines we have marked the channel in which the BTC price is currently moving. As you can see, we have two important zones: -first is the support line on which the price is currently based at $ 23,021, then we have a support zone ahead of the price which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops to around 12,000 dollars. - the second is a resistance zone, we have from $ 24,696 to $ 26,196. A break from this zone may result in further increases towards the resistance at $ 28,754. Currently, the price on our channel is shifting nicely to the side, which could potentially be used for short-term licks. Also noteworthy is the CHOP indicator, which indicates that we have a lot of energy, and the MACD indicator, which indicates that we have entered a local downward trend. Remember, however, that this is not investment advice.
by cryptodailyuk
CME Bitcoin Futures Breakout! 28,000 Next?From May12 - June 12, CME Bitcoin Futures saw a support level of ~28,000, which was broken on June 12 with a GAP lower. We have recently seen a CONSOLODATION PENNANT, formed with higher lows, and lower highs! Higher lows: ~18,500 June 30, ~18,830 July 13, ~20,700 July 26. The UPTREND line is drawn from ~18,830 to~20,700. Lower highs: ~24,300 July20, ~23350 July 22, ~23,000 July 27. The DOWNTREND line is drawn from all 3. The BREAKOUT occurred once the CME Bitcoin Futures broke through ~23,000! How to measure upside potential after a BREAKOUT of a PENNANT: Calculate the distance from the widest point, and add to the BREAKOUT point. This would give us ~28,800. Why is ~28,800 significant? THIS WOULD FILL THE GAP MADE ON JUNE 12! GAPS tend to be filled before a market makes a pivot! Takeaways: Previous SUPPORT of ~28,000 is now new RESISTANCE. This is going to be a difficult level to chew through! Possible STOP levels for longs: ~21,500 (continuation of UPTREND line of PENNANT. ~Uptrend will be violated if ~20,700 is broken with conviction. This would now be a lower low, which is the definition of a DOWNTREND. FEEL FREE TO REACH OUT WITH ANY TECHNICAL ANALSYS OR FUTURES QUESTIONS! WE APPRECIATE OUR FOLLOWERS! LIKE/COMMENT/FOLLOW! ❤️
CME:BTC1!Long
by Paul_Wankmueller
ZECUSDT is testing the weekly resistance The price is in the consolidation phase between the monthly and weekly resistance On the 4h timeframe the price had a breakout and retest the previous resistance as new support. how to approach it? IF the price is going to have a breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
Zydus Lifescience testing Historic ResistanceZydus Life-science at important level of resistance, the stock took support from historical support zone and has consolidated the down fall with a good stretch of time. It has gone through a good accumulation and has made a good support base. now the stock has positioned itself to an up move after making series of higher lows from support zone. the stock has tested historical resistance multiple times during this consolidation. the stock has given an impressive quarter results beating the estimates. which is the catalyst for the movement. targets mentioned on the chart is based on fib levels taken from previous high to low levels. the volume popup is supporting the price action the stock may retest the B/O and a successful B/O will give a handsome gains with 1:1.4 risk reward. Tgt 2 is for a medium to long term view. this is not a call / recommendation. Please do your own research and drop your inputs in the comment section.
NSE:ZYDUSLIFELong
by harshith67
5
USDCAD Is Pointing Lower Within Wave C/3Hello traders, we have another important week for global markets as speculators are going to focus on CPI report from the United States, to see if prices are coming down or no. This data will be released on Wednesday, so until then we may not see a log of changes regarding the current trends. We see still stocks in a strong recovery mode with room for more upside while USD can see a sell-off, especially vs commodity currencies which are very strong. AUD, NZD and even CAD can see more upside, despite lower crude. But if crude would stabilize we think that USDCAD has a very good chance to break the support. From an Elliott wave perspective, we see three legs up, possibly already a completed correction on the intraday chart. Break below wave b swing near 1.2815 calls 1.27. Grega If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Short
by ew-forecast
4
BNB- Serious Resistance is NowClose to 319 Resistance (Fib level 0,61) it's ideal (to me) for a short position.. not to mention the flag which can bring volatility soon. At the same time check my previous posts/ideas for my other set-ups and most importantly look at this: Mondays are Red🩸 Ends are Weak💤 Yet we Rise✔️ We might as well have patience and yes: the market will most likely continue to rise but not on a straight line. DYOR and learn how to trade: it does pay out eventually. One Love, The FXPROFESSOR
by FX_Professor
1