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Zumantu offered this regarding anti-cancer efficacy of V via free fatty acid receptor 4
Bearish? haha. You said this 3 weeks ago.
Jonny, Still feel this way?
LOL
Are you going to modify your outlook?
Shenanigans!! Just like the bogus upgrade last year, they pre-announce a plan to buy back shares which spurred the stock price up enough to avoid delisting.
Now they pounce on a triple top exactly like last year. The chart accurately printed all those nefarious footsteps.
The rally is compliments of the Biotech rally. We are seeing a rotation from large cap/tech to small caps today.
A,B,C breakout for Biotech group.
Seve, do you still think "Bios are in the toilet?"
What are you talking about!? They began a beautiful reversal from a bottom in October:
Since then, Bios went straight up breaking through the 200MA, down trendline and huge squeeze pattern.
And now we have an A,B,C pullback which should shoot the bio group up another leg.
The Biotech group has the 2nd best performance next to tech over the past 3 months:
Checked your chart lately? LOL
FWIW, CDMO and HALO present with the best TA reversal characteristics (daily chart) of all the equities you listed.
HALO is a beautiful volcano squeeze pattern with a fairly high short interest ratio. It rhymes with the IBB squeeze pattern in early December.
Potentially good news on the horizon for the biotech sector.
on 12/2/23 I shared this bio group chart indicating a high probability of a squeeze breakout as prices were oscillating towards the apex.
After a breakout runup (A-B), it began to retrace on the heels of an MACD bearish crossover at a peak(red arrow).
Currently, the price is reversing from a pullback (C area) as the MACD is poised to cross up from above the "0 Line"; referred to "0 Line rejection" which is very bullish.
In conjunction with that setup, we see an A,B,C reversal pattern.
As the major indexes have reached nose-bleed levels, it appears that investors have begun bargain shopping in the small cap/bio isle
I began my off label Rx after my own DD on this board from the great contributions from JL, Zumantu, everyone else who contributed. I told my oncologist about it and he completely supported the idea.
I was taking it when I first heard of trial concepts to investigate prevention of recurrence.
Some of the collateral benefits I noticed made me excited for the NASH trial and breast cancer results, but nothing of note seemed to materialize.
I don't drink, and I am in good shape (not overweight), but I developed Liver issues. The doctors couldn't believe how these issues resolved once I was on V for 12 mos.
I'm a big believer in the pleiotropic properties and strongly think every human should be taking it - if for nothing more than anti-aging :)
Stage IIIB colon cancer survivor in remission since 2012.
I’ve been taking V ever since. It not only has alleviated the IBS type symptoms from missing half my colon, but has kept recurrence at bay.
This study could really move the needle IMO. I will be anxiously awaiting results.
Thanks for sharing the link.
That is exactly right. Remember, I was recommending selling then .97/share after a +90% runup that you happened to miss.
Yes, this is no different; it's a bull trap. Just because I wrote that on January 9th doesn't mean it's disappeared. We are completing the third top. If curious about what happened to an identical TA setup last year at the exact time on the heels of earnings announcement, then refer to the chart (hint: It was ugly).
You be you though 2-tango alpha. Who knows, beating your chest might be the answer to bucking the trend.
hey "alwayswatching... never seeing", instead of calling me names, why don't you punch a few emojis like your childhood friends (knownothingjonsnow and jonHancoque)? You'd fit right in with their company ;)
Hey kook,
Hey snow... where were you yesterday? Has your therapist restricted your board participation?
Those emoji coloring books are good for the soul aren't they? You and hanKOOK are quite artistic!
This quote was a classic.
About me; tke to his buddy knownothing on 2/22/2022:
Gotcha. Then please don't reply to my posts. In fact, you should block me since you have no interest.
sorry two tango alpha, I should have said (though I already did in my post - extensively) it is highly unlikely based on probabilities.
Maybe. Anything can happen.
Marzan,
Head winds dead ahead.
The major indexes like the Nasdaq rarely present overbought bearish MACD divergences such as the one developing now at a distance of 7 x ATR from the mid-band.
The last time we witnessed one like this was last July. What followed was a nasty correction down to the 200day moving average.
Could we be facing another divergent climax top? If prices can't manage to take out the top after the stellar big tech earnings reported yesterday, then I think there is a high probability. If so, this will drag the broad market down.
Thanks.
Yes, here are a few good ones:
Trades about to happen by David Weiss
Trading for a living by Alexander Elder (a classic, that deals with the psychology of trading)
FlyFishing The Stock Market
Trading in the Zone
A few weeks ago I warned of an identical pattern to one that developed at the exact same time last year. The former pattern traced 3 tops - each with divergent, falling volume and RSI.
The current pattern has developed a bearish divergent 2nd top on declining volume. The RSI is behaving exactly as last year - printing a lower high -- all indicating the weakness of this rally and likely failure to follow.
Throw stones, call me clown, mock all you want. I'll continue to laugh while you gloat over the recent rally to falling resistance, thinking your underwater 24.00/share basis (right knownothing?) will be rescued. It's comical. In fact, whenever the stones fly, you can bet on a bear raid to once again remind you of the trend - which remains down.
This chart says otherwise.
I wrote this on Thursday: