SVRA Breaking downSVRA had a major U-turn after it's last earnings report. It gave up the trend line again after initially losing badly on Apr 24 (which was a bad day for markets all around.) It has since developed quite the DTL, which is legit as distribution days are more volume heavy. Hoping to see it hit the DTL buffer as an entry, since the DTL is a little steep. That being said, if we breakdown,( break the tiny bear flag, break Friday LOD) I could see us riding the DTL to next leg with 3.50 as a first target. Stops are low 4.30's
SVRA trade ideas
$SVRA can rise in the next daysContextual immersion trading strategy idea.
Savara Inc. operates as an orphan lung disease company.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,77;
stop-loss — $1,54.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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SVRA BIO TECH LongSector: Health Technology
Industry: Biotechnology
Savara, Inc. is a clinical-stage specialty pharmaceutical company, which engages in the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases. Its products include AeroVanc, Molgradex, GM-CSF, and Aironite. The company was founded on April 27, 2017 and is headquartered in Austin, TX.
Market Capitalization
115.522M
Total Shares Outstanding (MRQ)
54.236M
Net Debt (MRQ)
-56.821M
Total Assets (MRQ)
97.745M
Revenue per Employee (TTM)
9518.5185
Free Cash Flow (TTM)
-39.883M :(, but it's BIO and other indicators look good.
Phase 2-3 trials, FDA looking at turning decision from June that scared off investors.
Analyst upgrade to 7
SVRA Break OutThe price took out 5 fibonacci levels (.61, .78, 1, 1.61, 2.61) yesterday with the candle gapping up big. It managed to break thru the descending weekly trend line to close just under the .78 level.
Also the MACD is freshly crossed and the RSI is still cool especially considering the monster candle yesterday.
I think this chart looks bullish AF and Im looking for a continuation. Resistance possible at 2.25. First target $2.71 and possibly back to recent highs.
$SVRA Announces Closing of $130 Million Public OfferingSavara Announces Pricing of Public Offering of Common Stock
$SVRA today announced the pricing of an underwritten public offering of 45,785,828 shares of its common stock at a price to the public of $1.45 per share.
As a component of the offering, in lieu of shares of common stock, Savara offered to certain existing investors pre-funded warrants to purchase an aggregate of 32,175,172 shares of common stock at a purchase price of $1.449 per warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant.
finance.yahoo.com
Savara Announces Closing of $130 Million Public Offering Following Full Exercise of Underwriters’ Option
finance.yahoo.com
$SVRA, pushing to $2.00It just started a stronger bullish trend as it bounced prior to the previous trend support line. It's staying well above the EMA 30 and has bounced off the RSI support. The last two moves above the support went above 70 and we are assuming this will happen again. Taking this one to the 2s.
Option Traders Bet Big on Savara $svraInvestors in Savara Inc. need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2020 $5.00 Call had some of the highest implied volatility of all equity options today. Source Zacks
Savara, Inc. is a clinical-stage specialty pharmaceutical company, which engages in the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases. Its products include AeroVanc, Molgradex, GM-CSF, and Aironite. The company was founded on April 27, 2017 and is headquartered in Austin, T.
$SVRA Much more upside in SAVARA Savara continues to rise afterhours in response to its announcement that the FDA has granted Breakthrough Therapy Designation (BTD) for Molgradex, an inhaled formulation of recombinant human granulocyte-macrophage colony-stimulating factor, for the treatment of autoimmune Pulmonary Alveolar Proteinosis (aPAP).
The last 45 mins of trading today seen huge buying and a 50% surge into the close.
Breakthrough Therapy status provides for more intensive guidance from the FDA on development, the involvement of more senior agency personnel and a rolling review of the marketing application.
Savara, Inc. is a clinical-stage specialty pharmaceutical company, which engages in the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases. Its products include AeroVanc, Molgradex, GM-CSF, and Aironite. The company was founded on April 27, 2017 and is headquartered in Austin, T.
SAVARA inc breakout on FDA approvalSavara (NASDAQ:SVRA) is up 96% premarket in response to its announcement that the FDA has granted Breakthrough Therapy Designation (BTD) for Molgradex, an inhaled formulation of recombinant human granulocyte-macrophage colony-stimulating factor, for the treatment of autoimmune Pulmonary Alveolar Proteinosis (aPAP).
Breakthrough Therapy status provides for more intensive guidance from the FDA on development, the involvement of more senior agency personnel and a rolling review of the marketing application.
Seeking alpha
Savara, Inc. is a clinical-stage specialty pharmaceutical company, which engages in the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases. Its products include AeroVanc, Molgradex, GM-CSF, and Aironite. The company was founded on April 27, 2017 and is headquartered in Austin, T.