Profile picture
, 4 tweets, 3 min read
My Authors
Read all threads
Analysis: #NASDAQ $NLTX

Case 329 #Neoleukin Therapeutics, Inc.

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

#NLTX 1/4
Chart 1
Weekly Chart: Price has been range-bound since 2015 and price action has been very messy. The #SMA 50 has been acting since July 2019 and good #momentum build is seen from the break above the 2018 micro range. Formidable .....

NLTX 2/4
..... cluster #resistance is seen at 16.96 - 19.90 and a close above 22.13 is very #bullish.

NLTX 3/4
Chart 2
Daily Chart: The SMA 200 has been supporting the current up move since Aug. 2019. From Mar. 2020 trading has been confined to a triangle - but the base is unreliable and poses a risk.

The #Strategy is printed on the image.

$NLTX 4/4
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with malteseinvestor

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Related hashtags

#NASDAQ #Neoleukin #NLTX #SMA #momentum #resistance #bullish #Strategy

More from @malteseinvest see all

Profile picture
malteseinvestor
@malteseinvest
Analysis: #NYSE $STZ

Case 332 #Constellation_Brands Inc.

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

#STZ 1/4
Chart 1
Monthly Chart: A serious #downdraft in Feb - Mar 2020 led to the break of the 2019 range bottom creating long term damage to the #uptrend. The inability to gain a foothold above the 2019 range top at 211.67 is deeply .....

STZ 2/4
..... concerning and price is now trading below the #SMA 50 at 187.61. Conditions have turned messy and a close below the 2016 #pivot at 141.43 could target symmetrical supports between 97.07 - 82.58 - the SMA 200 currently at 77.52.

STZ 3/4
Read 4 tweets
Profile picture
malteseinvestor
@malteseinvest
Analysis: #NASDAQ $NK

Case 331 #NantKwest Inc.

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

#NK 1/4
Chart 1
Weekly Chart: A good base has developed around the all time low 0.93 and 1.05. Price has broken over the 2016 #trendline resistance and the main #SMA s are supporting the current upmove. Immediate resistance at 10.66 (the 4 year range .....

NK 2/4
..... top) a close above will target the formidable cluster #resistance zone of 14.98 - 19.48. A close above the #Fib. 0.618 at 24.14 will target new all time highs.

NK 3/4
Read 4 tweets
Profile picture
malteseinvestor
@malteseinvest
Analysis: #NASDAQ $PLCE

Case 330 #The_Childrens_Place Inc.

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

#PLCE 1/4
Chart 1
Monthly Chart: Dec. 2019 saw the breakdown of long term #trendline support and all gains since 2000 have been wiped out. Support was eventually found at the #confluence of the #Fib. 0.942 and 1997 trendline, with a good .....

PLCE 2/4
..... reaction to the upside. Resistances (#SMA 200, Fib. 0.618 and trendline #support turned #resistance) are in a formidable $9 range and price is stalling at the SMA 200.

PLCE 3/4
Read 4 tweets

Embed code for your website

×
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!