WATCHING $BCRX for ENTRY TARGET @ 14.44WATCHING $BCRX for ENTRY TARGET @ 14.44
Look to the right. Entry target in grey. Sell target in green. Double position target in red. That’s it.
BCRX trade ideas
BCRX short, mid and long term one chartPretty straight forward here, since its inception has followed this same pattern. No position yet, waiting for a clear failure of the top red channel for short term short position. Break here and verify support will take swing position with a 20-25 target.
If fail in red channel, short target is $8, but wouldn't doubt revisiting 3's again in the event of market dump.
Biocryst pharmaceuticals drug approved for sale in europe
NASDAQ:BCRX 's Drug (Orladeyo) was recently approved by the european commission for sale in europe :
European Approval document: www.ema.europa.eu
wiki page on the drug: en.wikipedia.org
This was previously only available in the US via prescription.
Access to additional markets should be healthy for the companies' balance sheet.
My plan:
Short term:
Change in sentiment is a good short term trade:
Short term play:
Bull debit option spread:
long May 21st $12 CALL
Short May 21st $15 CALL
Long term play:
Buy and hold 100 shares, sell 45 DTE covered calls against these shares, planning to hold for a period of 2-4 years if my outlook remains bullish .
I will review earnings calls, cash flows and balance sheets and review my sentiment after each quarter.
$BCRX Big dollars comingNot much resistance in up here. This can fly with one good news. This is the stock to have in this bad market. Direction is pretty clearly bullish.
BCRX - Short then maybe longI entered around $13.80 riding on hype (saddest trip). The Bears seem to still be in control. Good support around 8.81.
Short opportunity!Buy put 12, April 16
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
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Option trading exposes you to a high risk of losing your capital, never invested in any idea more than what you can afford to lose(5%).
BCRX Ascending TriangleBCRX is trading inside a perfect ascending triangle pattern.
- BioCryst annnounced this week that the company will host a virtual R&D day on Monday, March 22, 2021 from 9:00 am to 11:00 am ET.
- As with many catalyst and events, this could be a "sell the news" and we could see the price sell off on Monday, as the stock already saw a cool 5% gain on Friday in anticipation for the meeting.
-On the 30min timeframe, it has broken through a small bearish channel, and will likely retest main support.
-will be looking for a long entry if it dips down to bottom support
What do you guys think will happen this week?
BCRX bull flag consolidation BCRK is at the support zone of a critical bull flag/symetrical triangle pattern. If and when we see a break either way I will take the trade in that respective direction.
BCRXMade new highs and than came back to test the breakout area.....should stay on its upward channel 🤞....
BCRX Only Stock to OwnIf I had to chose one stock to own this next year you are looking at it. Long since 1.90's. Chart is setting up perfectly for 3/22 Data readout. Broke resistance today. Held up beautifully in market downturn. If this completes a phase 2 trial for Factor D I will be shocked. Strong buyout candidate for rare disease field.
Movement Prior to R&D/BCX9930 Presentation (3/22)May follow similar trend as previous highlighted descending triangle - watch for bounce off lower support to higher highs.
BCRX earnings i'm holding an option for earnings tomorrow it is a call i think they can have a good earnings and if they do the only thing that can upset it is GME
estimate is -0.25 and the last earnings was -0.26 but all three of the ones before that would have been good
also they got an FDA approval for a drug so i think they got a lot going for them
holding through earnings is gambling tho do it responsibly
$BCRX $BCRX - Stocks don't go straight up... they zig-zag! Uptrend still intact. Breach of $12.90 takes this quickly to $14 (the previous 9/17/2015 High), and then $16.50ish. Follow @MarketTrendAdv for more Dynamic Trend Trading ideas.
BCRX may start an uptrendAfter a bit of correction and going down to sub $9 last week, buy side was more powerful Friday afternoon, and the SP climbed above $9.50... $10 is a first level resistance point, but once it is achieved, we can expect the SP to run towards $11.80... Support would be around $8.80 but considering the earnings was moved 2 weeks earlier (which may be a good sign), Factor D news, EU Orladeyo approval and upcoming Q1 earnings, the stock is believed to be in a positive momentum...
My analysis are not investment advice. Always do your own DD and take your own decisions.
Bcrx a good oportunity for short term!?For med term i recomand this stock entry point 8/9.50 price target 15+!
For short term entry point at 10.20/10.50 price target 12+!
For long term entry point at 8 dolars price target 15+!
Strong suport at 8/8.20, and strong resistence at 13 dolars!
Good finacials and i expect to go up!
This it's not a financial advice, good luck to everyone!
big wedge on weeklylooking for possible pull back to 11 then a break out into the low 20's in next few months. $XBI
BCRX simple opinionBased on my entry, which was as bad as possible (everyone gets wrong sometimes), I identified a support at 9.5, after an organic decline of the stock.
BCRX potential reversal around Feb 8Potential reversal coming soon, long term support trend line is present and if not broken, the bullish trend will begin, if broken (highly doubtful as to the actual value of the company according to different analyses and catalysts) strong bearish trend will be expected.
