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Analysis: #NASDAQ $CLVS

Case 92 #Clovis Oncology Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Special request: @ugglydogg

Thread 👇👇👇

#CLVS 1/5
Chart 1
Weekly Chart: Getting some lift off the #SMA 20 but still bearish long term.

Price needs to close above 20.78 to turn positive, ahead of that level is the SMA 50 at 14.61.

CLVS 2/5
Chart 2
Daily Chart: A 2 day close below 11.59 will force price closer to the #support zone, 1.23 would attract strong buying interest (if price ever got there).

A close above the minimum recovery of 20.78 would see price running into the .....

CLVS 3/5
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