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
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
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
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
...... #resistance zone 24.59-26.29.
Clovis is neutral to mildly #bullish glancing at the behaviour of the SMAs, but a close above SMA 200 (12.37) is required for further limited gains.
CLVS 4/5
Clovis is neutral to mildly #bullish glancing at the behaviour of the SMAs, but a close above SMA 200 (12.37) is required for further limited gains.
CLVS 4/5
Chart 3
Daily Chart: The #Strategy is printed on the image.
It's useless to place a stop on the long side, as 1.23 is a point of great interest.
$CLVS 5/5
Daily Chart: The #Strategy is printed on the image.
It's useless to place a stop on the long side, as 1.23 is a point of great interest.
$CLVS 5/5
