SRPT bullish movement in a simple resistance and support testing strategy Entry @ 125 Stop loss @ 114 TP 1 @ 134 TP 2 @ 141 TP 3@ 150-156 range Keep it simple
If you haven`t bought SRPT here: Then you need to know that there is a Massive catalyst coming! Sarepta Therapeutics is going to announce Duchenne muscular dystrophy Phase 3 data for its SRP-9001-301 - (EMBARK) by mid November. This week institutions bought calls worth more than $10Mil that SRPT Sarepta Therapeutics will trade above $135 by November 17. Some...
Looking at the SRPT Sarepta Therapeutics options chain, i would buy the $125 calls with 2023-2-17 expiration date for about $7.10 premium. Looking forward to read your opinion about it.
If you understand the idea,🎯 press a thumb up! 👍👍👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
We have an inverted H&S here on the monthly time frame above a major level representing all time highs in year 2000. That is very bullish on a long term basis. Some people have asked in the past if inverted H&S patterns are only reversal patterns. I've spoken to Peter Brandt (my mentor in classical charting principles) about this several times - according to...
The market teaches traders lessons every day... often times reinforcing them to seasoned traders like myself. I happened to have been in but was out of NASDAQ:SRPT before this disaster today. It's a reminder why you MUST take profits even if sometimes you feel the FOMO after you do...
Manage your risk.. Short SRPT via Put options. Target to 153 to complete 50% retrace and then higher.. pattern qualifies... Happy New Year!!!
After earnings NASDAQ:SRPT tanked HARD to what was a prior support at 126.53 where I had entered back in September. I watched this closely with a residual positions to see if it would hold it or break the level. I wanted to have some skin in the game for SRPT to retest the highs for the long term. So far today it looks to be holding that level as it has...
Setup an order this morning to buy SRPT at 127.71 and was not sure if it would fill. Market sold off today as the SPY continues to fight that critical level this week.
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates SRPT 2D: XABCD BEARS / 40% correction next(NEW/UPDATED)...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates SRPT 16H: XABCD BEARS / 40% correction next(NEW) IMPORTANT...
Back test of recent breakout after three months of consolidation.
IMO $SRPT is in a downward spiral. I believe this could be a god entry point for a short position. Everything I say is my own opinion.
$SRPT RSI looking oversold on the daily chart, held trend line support well today. Expecting a bounce in the near/medium term. Targeting $160 at least by next earnings release late October. Note: Informational analysis, not investment advice.
SRPT seems breaking out a downward channel formation, and if it can reach its Channel breakout target, it will breakout long term resistance & can continue higher. * Trade Criteria * Date First Found- June 21, 2017 Pattern/Why- Downward channel breakout Long Entry Target Criteria- Break of $35.57 Exit Target Criteria- 1st Target $41.33, 2nd Target...
1. Downward trend has ended. SRPT seems to be building a upward trend. 2. Stochastic RSI was at oversold area few days ago and it is crossing up to purple zone. It confirms the demand. 3. CCI is showing similar behavior, few days ago was oversold and confirms demand. 4. SRPT just hit support at $28-$30 and it is channeling up if you look at the lines I drew. 5....