VRX pushing towards the Avg. Analyst Estimate of 38.10. News & Analyst driven. Volatile. $38.00 PT - Breakout over $38.15 is a clear strong buy signal. Rejection is a short back into the channel.
... for a .91 ($91) credit ... . Here are the metrics: Probability of Profit: 76% Max Profit: $91/contract Max Loss/Buying Power Effect: Undefined/$175/contract Break Even: 16.59 Notes: I'll look to take this off at 50% max profit. Not interested in being married to a position with this cluster of a company ... .
Will it break out of down trend and complete right shoulder?
Look for trend short after possible breakout. I have more good setups each day.
VRX Shows a high potential long setup on the daily, the entry signal still not yet arrived. I am still tracking the entry and i will update it when it happens and the profit target 1 and 2 will also be updated. The setup shows a very high volume bar and closing down. there must be heavy buying on that bar to have this massive volume. The entry will come soon after...
$OPK Price Projection through EOY, if buyout doesn't occur from $PFE prior.
have to be able to adapt. I sold $vrx earlier today, long $labd
Bullish momentum divergence on daily chart. Entry: $27.10 Stop Loss: $26.45 Target 1: $31.15
on 5/13 3 confirm buy signals on 15/30/45 min time frame. Now looking at 1hr Chart Money Flow Breakout potential
watching $vrx at these levels forming a nice triangle, is it the start of a bottom?
Downward wedging triangle. MACD bullish crossover, MFI RSI oversold.
Very strong Weekly MACD bullish crossover and RSI reversal at oversold conditions.
See image for inverted H&S. Buy point was 10.3. Biotech is next in sector rotation
VRX has stayed below this trendline for months. Now we have to see now that we have about 5 days above will we break up or down. We have to really ensure that we are looking at the volume of the breakout/down out of this channel.