Consolidation above 200MA and Trending with the magic 21EMABullflag above MA200 on low volume, watching the flag breakout on higher volume.
TGTX trade ideas
Consolidation above 200MA and Trending with the magic 21EMAPrice is trending above the magic 21EMA and coiling on low volume after crossing 200MA. Watching breakout from the bull flag.
How about a BIG cup of coffee$ This looks like a real nice cup and handle developing; let's hope it works itself out and breaks for us $
Usually confirmation would be 9.30 (crossing the cup line), but since the handle is a perfect bull flag...well make your own call; this isn't financial advice. Realize this is a weekly chart and a swing trade may mean a somewhat long hold ..... careful careful :)
TGTX (01/29/19 - 03/18/19)Found TGTX shortly after it was upgraded to a "Buy" rating. Realized its potential after reading an article covering it's upcoming catalysts, which all appeared to hold strong upside potential. The delta between the close and 1-year target estimate justified the risk (gotta trust your analysts). WL'ed for a few days, as it was nearing a bullish setup (SMA: 20, 50, 100, and 200), bullish reversal candles and increasing institutional purchases. - PGY915 NASDAQ:TGTX
Swing idea: Possible short opportunity for a couple of pointsIf the 100 ema holds as resistance and price start to turns. Place sell below a red candle that is touching buy/sell zone. Targets are Fib levels. Stop loss will be above the last swing-high after entry
Just a short swing trade idea (all technical no fundamentals)
TGTX i know it looks messy and like i charted too much. LOL
but i love charting and here i charted out what i see
uptrend channel
might leaad into ascending triangle
or sideways channel
TGTX entry opportunityTGTX had been on a good run lately, but over the last few weeks has pulled back to a significant support area. I think it may be a good spot to go long.
TGTX trading in rangeTGTX is trading in a range, at this moment is in the resistance with a Shooting Star. Nice opportunity to go short, taking in mind that this range normally breaks the Resistance more than the Support.
KL: 12.00
SL: 12.90
TP: 10.00
$TGTX cupLeft side occurred w? 2.4MM short increase (6/15-6/30). No news. Was already cheap here after recent CLL & DLBCL data, including U2-based triplets. Have shorts bought those 2.4 all back?
TGTX Typical volume/volatility fade before next pop. Will buy at support with tight stops as this could drop fast if given the opportunity.
Nice long pattern hereVisually trending up on good drug news easily breaking all resistances. I'd expect it at 15.00
TSLA vs TGTXOne is a major so called momo stock and the other is a small bio tech company and charts look exactly the same. Is this a coincident?
