QDEL trade ideas
QDEL longAt this point, Idk what to think, but I'm going long again, stop loss of $130. I picked up $140 calls for 6/18 at an average fill of 16.90. *Not financial advice* but I think this option will bring great returns before the expiration. Good luck
QDEL is at golden pocket - buy dipsQDEL is at golden pocket and is oversold. Ignore the death cross. Earnings is too good. It should go back into golden cross.
Another consolidation for a few years?Pretty simple techical situation in QDEL stock. Consolidation in 2018-2019, then a massive upside to $300, and now another big consolidation between $150-300. Buy @ $140-150, TP $260-280-300, SL $120.
QDEL at a strong support levelwith the emergency authorization of their at home COVID test and testing a very strong support with the RSI nicely below 30, we could see a reverse to the upside on QDEL. it must hold at the current level though. keeping a close eye on this one
QDEL longAfter another beat down on earnings, it's a perfect setup to go long on this. Not expecting a big move, but my short-term PT is $200.
Tomorrow is the day for QDELUpcoming earning estimate is 9.94, we will see the real earnings tomorrow. Everything else is looking good, so oversold. The gap from November could be filled pretty quickly. Possible LT, PT 278, then 401.
QDEL price predictionNASDAQ:QDEL is a very solid stock fundamentally and is currently showing bullish price action, recently reclaimed the daily 200 MA. Expected price movement shown on the chart.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
My first prediction on $QDELThis is a vision on the development of the stock.
Do not consider it as a recommendation!
QDEL longafter breaking out of $211, I'm mega bullish on this. The next key level is $223, anything above that we should be able to fill the gap up. :)
ABC BullishEarnings 2-10
Possible Targets 2 361.5 to 415/Long term targets..
Possible stop under C or last pivot low..
Not a recommendation..
$QDEL [update] breakout upward the channelAs an update to previous post.
There's clear upward channel which was broken in Apr-Aug, Sep-Nov periods unsuccessfully.
The true trend seems to be in purple area.
Your thoughts are welcome.
$QDEL waiting for breaking out this weekPre-market and confirmation of the support (yellow) hints for break-out very soon.
I have long position with this fundamentally good company and will consider slight overweight for swing trade.
Your thoughts are welcome.
$QDEL potential break out with strong fundamentalsThe company is one of few beneficiaries of the pandemic.
With strong fundamentals and news-driven recent gap - is a rare opportunity in the market.
Moving as per fib-level right from the point of pandemic start in mid-Mar.
The company was on the positive trend already prior to the pandemic.
I'm going long with them.
Your point of view is welcome.
This chart is for discussion purpose.
ABC BullishGap above price causing R for QDEL..but support is not too far below..
T2/Long term/ 361.5 to 415
Possible stop below C...
ABC/D is a correction pattern and D is the target. I do not call this an ABCD pattern because D is still unknown. Although there are targets you can calculate from the AB leg, it is still invisible and you just enver know for sure what will happen. This pattern is a measured move down..
NV and OBV are high/short interest not terribly high but higher than I like at 6.78%..
QDEL fell from a Rising and narrowing wedge pattern, but seems to be trying to bounce back..I am asuming this is a covid stock a long with MRNA, BNTX etc, but this one has a long history and decent fundamentals..
Went from a long slow uptrend to an almost arcish rise 8 months ago..guess that is about the time the flu really hit the market in full steam and QDEL makes testing equipment..
Previous high was 306.72 and QDEL took a fall to 164.9ish..
According to RSI which is pointing down, this may pull back a bit. Weekly and monthly candles are dojis..Momentum seems to be picking up a bit so who knows..Price will unfold in next week or 2 perhaps..
Not a recommendation..
Good luck
