regarding HZNP, yep about time! been on the watchlist for
at least a month, has been like watching paint dry, however it held
in there the whole time and held the lower trendline support.
I think now if someone wanted to give it room, stops could be
moved up from below the lower trendline to just below today's lows.
Volume has picked up nicely and now we just need to see it
take out the trendline, since volume is good there is hope of that.
The 5 range would be possible via the chart
HZPN has a PDUFA date of 7/27. These cos. live and die by
the outcome of this event - at least for a good period of
time. Lately, many companies have been issued delays on their
PDUFA dates which takes the wind out of the price. Nothing is
necessarily wrong, but everything is delayed. You either take
a loss or hold for a few months hoping for a favorable
ruling. These delays tend to come out of the blue.
thanks for the chart, otherwise remember
the time really to buy HZNP was inside the pattern either at the
lower trendline a month ago, or at the MA's recently, I like buying
support when I can vs at resistance because then stops can be
tight
yep, that one has been so boring, been on the list forever, but
it's also held up, I think stops could be placed below the 50 SMA
inside the pattern for now vis all the way below the lower
trendline
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HZNP
Posted by morton13 on 12th of Jun 2012 at 11:30 am
volume +91% above average today...
getty up!
Posted by morton13 on 12th of Jun 2012 at 03:09 pm
regarding HZNP, yep about time!
Posted by matt on 12th of Jun 2012 at 03:18 pm
regarding HZNP, yep about time! been on the watchlist for at least a month, has been like watching paint dry, however it held in there the whole time and held the lower trendline support. I think now if someone wanted to give it room, stops could be moved up from below the lower trendline to just below today's lows. Volume has picked up nicely and now we just need to see it take out the trendline, since volume is good there is hope of that. The 5 range would be possible via the chart
hznp
Posted by centurion on 12th of Jun 2012 at 03:23 pm
tgt here should be 200sma?
yeah that's why I mentioned
Posted by matt on 12th of Jun 2012 at 03:25 pm
yeah that's why I mentioned the $5 range, we'll see....
the time to buy HZNP was inside the pattern either at the lower trendline a month ago, or at the MA's recently, I like buying support when I can.
HZNP
Posted by centurion on 12th of Jun 2012 at 03:34 pm
worth mentioning that there is a hammer top on 90 min & 2h chart.
HZNP
Posted by billnew52 on 12th of Jun 2012 at 03:49 pm
Centurion,
Don't know how familiar you are with trading bio-pharma cos. but here is a good site for educational purposes:
http://investorshub.advfn.com/boards/board.aspx?board_id=9413
HZPN has a PDUFA date of 7/27. These cos. live and die by the outcome of this event - at least for a good period of time. Lately, many companies have been issued delays on their PDUFA dates which takes the wind out of the price. Nothing is necessarily wrong, but everything is delayed. You either take a loss or hold for a few months hoping for a favorable ruling. These delays tend to come out of the blue.
HZNP
Posted by centurion on 12th of Jun 2012 at 04:20 pm
tnx bill but i dont understand what does your answer has to do with a hammer on a 90 min chart?
FINALLY got in on BP ACTION
Posted by kevin currie on 12th of Jun 2012 at 04:47 pm
Bought HZNP today but do not understand much about charts and also participated in GOOG short....YEA..........kc
thanks for the chart, otherwise
Posted by matt on 12th of Jun 2012 at 03:38 pm
thanks for the chart, otherwise remember the time really to buy HZNP was inside the pattern either at the lower trendline a month ago, or at the MA's recently, I like buying support when I can vs at resistance because then stops can be tight
yep, that one has been
Posted by matt on 12th of Jun 2012 at 11:32 am
yep, that one has been so boring, been on the list forever, but it's also held up, I think stops could be placed below the 50 SMA inside the pattern for now vis all the way below the lower trendline