MCRBMCRB looks in pennant, need to break above 8.45 also at 6.34 we have 34 ema on monthly we may see 11, 13 $ as target in next few month, Not an investment advice.
MCRB trade ideas
$MCRB inside dayMCRB has a beautiful look. Been playing since the breakout and I think she has further to run. Inside days can be great reload situations. 90m float. Would love to see her fly tomorrow. :)
$MCRB - GAPFor reference in case you have not seen it. Here is the gap with no defined resistance. There will still be people selling or trying to short but I would love to see this filled by NYE.
$MCRB - 2 big reversal daysNot sure what is going on but it looked very similar before it mooned out of control. Not sure if it will happen but is a fun one to watch. I bought some Jan 22 15c for 0.23 for pure fun. It could go bust but it could also provide to be an exciting one to watch :) GLL
MCRB - Breaking out of triangle ?MCRB - Finally breaking out if this triangle ?
We can count a potential Leading Diagonal wave (i) on the 15min with a deep 3 waves corrective wave (ii).
A move below 24.36 would invalidate this view.
MCRB Triangle Symmetrical Top (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 88%
TARGET (EXIT) PRICE = 34.49 USD
BREAKOUT (ENTRY) PRICE = 28.53 USD
DISTANCE TO TARGET PRICE = 18.93%
EMERGED ON = Sep 10, 12:00 PM (EDT)
CONFIRMED ON = Sep 29, 10:10 AM (EDT)
WITH CONFIDENCE LEVEL = 100%
The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. The price is expected to move up or down past the triangle depending on which line is broken first. The price movement inside the triangle should fill the shape with some uniformity, without leaving large blank areas.
This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).
Trade idea
Once price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern height to the breakout point. The pattern height is the difference between the highest high and lowest low within the pattern.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
Head & ShouldersOffering was at 21.50 & 20.85. Im expecting a 20% pullback before we see a bounce off the 20 support. Very overbought on high time frame 3 hr candles.
pssh im waiting until tomorrow :)its looking like about $15 to $16 a share tomorrow at the low before liftoff
Using Sine waves and Fibonacci Spirals to help find the low point on this current "high rise" still a bear market if you ask 2016 i think. . well at least until another one of them thar peaks coming up awful quickly :)
Don't trust me, I'm new at this :)
MCRB: Higher price rejection after gap upHigher price rejection after gap up
May try to fill it in the next few days,
If confirmed
PT1 = 17,97
PT2 = 4,73 for gap fill
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IN THE NEWS:
-Schaeffer's Investment Research
- Benzinga
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MCRB 32% target and 80% max targetMCRB has printed a bullish candle
First short term target at 32% increase
Max target at 80% up
Good luck and thank for the likes and Thumbs Up
MCRB - Bounce Trend In Flow - Can It Carry On?Seres Therapeutics, Inc. operates a microbiome therapeutics platform company, which engages in the development of biological drugs. The firm creates medicines using live bacteria to treat diseases resulting from functional deficiencies in the microbiome, a condition known as dysbiosis. It focuses on implementing microbiome therapeutics platform to develop ecobiotic microbiome therapeutics that treats dysbiosis in the colonic microbiome. The company was founded by Geoffrey von Maltzahn, David A. Berry and Noubar B. Afeyan on October 18, 2010 and is headquartered in Cambridge, MA.
SHORT INTEREST
4.91M 07/31/19
P/E Current
-1.22
P/E Ratio (with extraordinary items)
-1.71
Average Recommendation: OVERWEIGHT
Average Target Price: 9.60
MCRB - ShortStock is near all time lows and probably will make new lows soon. Small chance it tries to test the upper trendline first, in which case I would stop out of the trade above 7.75.
Like CLSD, I would not short this outright, but buy the Jan19 12.5 puts.
MCRB - Falling wedge breakout Long from $10.87 to $12.77 MCRB broken out of a falling wedge formation & now breaking out of its resistance zone. We think it will continue upward from here.
* Trade Criteria *
Date First Found- June 20, 2017
Pattern/Why- Falling wedge breakout continuation Long
Entry Target Criteria- Break of $10.87
Exit Target Criteria- $12.77
Stop Loss Criteria- $9.87
Please check back for Trade updates. (Note: Trade update is little delayed here.)
MCRB
If above breakout zone
PT1: 15
PT2: 19
PT3: 30-35 (ultimate gap fill)
Only valid as long as it holds dotted trendline and crosses breakout zone.
MCRB - Trading at CASHMCRB - after the interim data release,
This stock is trading at CASH, It means the Marketcap and Balance Sheet Cash is close.
Outstanding shares = 39.4M
Market Cap = 340M
Balance Sheet Cash = 303.28M
