AKBA trade ideas
$AKBA AKEBIA THERAPEUTICS OPTIONS ALERT 80% UPSIDEAkebia Therapeutics, Inc. is a fully integrated biopharmaceutical company focused on the development and commercialization of therapeutics for patients with kidney disease. Today's activity in the option market signals that a
massive move is imminent, we are following that trade.
$AKBA Looking great for a continuation pattern from the support.Looking for a good strong next green candle above the previous.
on strong volume and float!
it past previous highs for many days.
a great call.
**UPDATE** AKBA play, I like this more and moreI will be entering this stock. Same rules apply, have SL under the channel. Risk reward.
AKBA - Flag formation Momentum Long from $15.60 & $15 Oct Calls AKBA had a good upward run forming a fallen angel formation, and now after some consolidation it seems getting ready for a second run.It has a fair amount of insider buying going on. We think it has very good upside potential if it can break around $16.60. To play this we would consider October $15 calls, which are $1.45/$1.75
* Trade Criteria *
Date First Found- August 24, 2017 (Intraday Alert)
Pattern/Why- Flag formation; Fallen angel formation continuation.
Entry Target Criteria- At current label ($15.60) (Hti August 24, 2017)
Exit Target Criteria- Momentum
Stop Loss Criteria- $ 14.63
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Long on AKBANext stop on AKBA $17.20. Even though the RSI is in the overbought condition, stocks tend to make their best moves in these conditions. Breaks the high of $15.88 and it is a great SWING. We are late to the party on this one. Happy Trading!
AKBA heading to all time highWith Monthly RS making ATH just a matter of time before the stock moves to ATH at 28.
$AKBA wicked coil up$AKBA in a wild coil on daily.
Positive divergences on RSI indicate a move north. OI is also strong for 10 calls.
Looking for a move up.
Fib resistance arcs on AKBA
I am not use to with Fib resistance arcs but it looks very realistic.
according to this criterion the up trend fits well.
Caution remains due to earning on monday 14th.
Support Bounce and Reverse H&S for AKBAAfter breaking the yellow liquidity range, AKBA has found support around $7.50, where i formed a reverse head and shoulders. It could possibly rebound to the $13 liquidity range
