PLSE Here are the possible Trade ideas for PLSE. If the Break out sustains, you have a very good trade, on the flip side nothing stops price from seeing the lower end of the Consolidation level. Manage your risk as per your risk profile.
PLSE trade ideas
PLSE Pulse Biosciences Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PLSE Pulse Biosciences prior to the earnings report this week,
I would consider purchasing the 10usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $2.07.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PLSE Earnings Play Long Biotech Pulse Biosciences broke out today from a positive earnings report.
Biotechnology stocks often burn cash on a slow growth cycle.
This company is making money and so the expected reaction occurred.
The volume indicator shows selling pressure in the lead-up to today's earnings.
After the report, the reversal to buying pressure occurred nearly immediately.
The MACD lines crossed under the histogram and then quickly reached
the horizontal zero line serving as a confirmation.
I expect a good follow-through next week. This may be a great penny stock
to trade or even invest.
PLSE - Immediate BreakdownA breakdown seems inevitable as price touches the top of the downward channel.
However this downward move might be short lived as a double bottom is in formation.
This double bottom is an example of something that might break the down channel and create new horizons for PLSE.
Nobody likes the bears.
PLSE 30% gain or more Coming?! This stock is a little low on the volume so I wouldn't throw lots at it but I see a good short term winner if it goes to $15 like I think it will.
$PLSE - on watch for potential breakout.Was targeted by Citron shorts. Due for recovery if earnings well perceived by market.
PLSE symmetrical triangle formingWatching for a buying opportunity in the $13 range, with a target of $27
Cash bleeding company on a bullish trend how far can this run?PLSE has been bleeding cash for a while now but it has attracted investments from two investors providing cash infusion to help it stay afloat on early February. This is when the stock broke out and has been trending up since then. Even though doom and gloom was predicted for PLSE here on Feb 23 2017 stock has moved up by $7 since then. Yesterday I was expecting a pull back to $18 or a $22 to hold and rip. Now some sort of consolidation would be necessary or else this will get shorted aggressively.
Originally posted in : blog.buysellshortcover.com
