N2VC34 trade ideas
NovoCure Limited (NVCR) to rally 100% ??** short term forecast, days and weeks ahead **
On the above 10 day chart price action has crashed 95% since support failed. Today sellers are trying to push that correction to 100%, are they right?
Unlikely.
1) Price action (not visible on LOG) and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Trend reversal. Higher lows print.
4) Bull flag confirmation forecasting a 100% move to mid 30’s.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you decide
Timeframe for long: Yesterday
Return: 100%
Stop loss: Will say elsewhere
NVCR CUP AND HANDLENVCR is seriously oversold and has potential for a reversal here. Could be the start of a fresh uptrend. We are currently completing a cup and handle reversal pattern. We have just broken out of the handle. Wait for pullback or enter right away. First target marked on chart as is stop loss. I am opening a small position now then building out from there.
NVCR ready to go on an extended run Initial Target by Apr 14 = 99
Target Range by 5/20/2022 = 108-116
Upcoming earnings as a catalyst. Bullish Momentum for pre-earnings run up.
Kept the chart simple but a lot of bullish aspects at play here, to name a few:
- ready for markup coming off an accumulation phase
- completes wave 5 correction apprx. .786 off the highs last June
- if you look at the bigger structure it just completed a running flat beginning Aug 2019
Great Company!
NVCR primed for an extended runKept the chart simple but there are a lot of bullish aspects at play here:
- ready for markup after an accumulation phase
- coming off a wave 5 correction apprx. 0.786 off the highs last June
- looking at weekly chart you’ll see a larger running flat structure
- earnings as a catalyst and overall great company!
*Initial Target by Apr 14 = 99
** Target range by 5/20/2022 = 108-116
Would love to hear your thoughts on this.
NVCR - Double Bottom (Etoro Portfolio)Share's price has reached 156.0, second time formed a pin bar and retrace at MA50 (blue line).
On 8th of Feb, the price breakout at 180.0 which is a level retraced 2 times previously.
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$NVCR Needs to find BuyersNovocure is a company I have been rooting for for a while now due its cutting edge cancer treatment potential. I would really like to see this breaking to the upside and resuming its ascend. The fight against cancer is a personal thing to me and I hope this company continue to make breakthrough advancements for the sake of humanity.
Novocure Limited (NVCR)- DEVELOPS NOVEL THERAPY FOR THE TREATMENT OF SOLID TUMOR CANCERS INCLUDING GLIOBLASTOMA BRAIN CANCER.
$NVCREntry price : 157.86
Fundamentals :
- Sector: Medical
- EPS % Chg (Last Qtr): 350%
- EPS % Chg (Previous Qtr): 300%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 0%
- Sales % Chg (Last Qtr): 44%
- Sales % Chg (Previous Qtr): 34%
- 3-Year Sales Growth Rate: 41%
- Annual Pre -Tax Margin: -2.5%
The VALUE of NOVOCURE Hey my friends, NOVOCURE is in a very important moment in its history we can witness a new historical high. is in an uptrend with a hammer candle and low past purchase volume. The TIMEFRAME M1 makes us watch an attempt of the aborted buyers it leaves in the direction of its last precedent lower. And there is a strong potential to breakout the price and go and test the top of the consolidation zone for the breakout. Then reach the top zone and make its highest point, no buying power to breakout the consolidation zone the second time. But in this situation we can do a test on the top of the consolidation zone.
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