NASDAQ - ADPT : ADAPTIVE BIOTECHNOLOGIES CO. 11 DEC 2024Buy Call for NASDAQ - ADPT : ADAPTIVE BIOTECHNOLOGIES CO. on 11 DEC 2024.
Buy @ 6.7 with Stop Loss at 6.3.
Take profits at 6.9 and 7.1
ADPT trade ideas
Several Bullish Setups Like This in the MarketFrom small cap to large cap (ex. ROKU), there are several instances like this. The setup is John Carter's 200-500 moving channel. One way to trade this is to sell deep in the money (bull) put spreads. First target on the upside is 13 but timing is tbd. A double daily close below the recent low is stop.
It seems crazy but the number of setups like this suggest to me that the Fed is likely to pause rate hikes today - or to cut.
We're in a (developed country) worldwide hyper-inflationary environment. Hyperinflation means hyper volatility. Manage your risk accordingly.
900% profit opportunity within 5 yrsADPT has hust completed wave 2 as a zigzag (wave b being a triangle) and is now primed to start wave 3. Wave 3 is generall 1.618 the lenght of wave 1, putting the next target to 292 dollars. This will take time however and would be a mid-long term investment.
$ADPT missed entry by .10c but still watching . demand zone and profit and stops for me. 3/1 rr with much more if it goes back to ath
ADPT Head and shoulders topBroke strong support and uptrend line with a bearish head and shoulders top pattern.
With the current market situation and possible head and shoulders on IXIC, the incentive to short has increased.
Company losing money, EPS down 97.7% Q/Q, and the measly 98.40M sales do not justify a 7.23B market cap.
Of course as always, obey stop loss management principles.
Back to $44
ADPT H&SLooks to be forming a head and shoulders pattern. On watch for the break higher to upside to around $65. couple days could break down again.
ADPT at support...short term longADPT just had a sell off after forming a bearish rising wedge. Pricing just dumped (lined up with the announcement of a new share offering at $40 to raise R&D funds). Pricing has dipped but now has hit an important support level. Should get a decent bounce here. (RSI also shows oversold)
ADAPTIVE BIOTECHNOLOGIES CORPNASDAQ:ADPT
Hey, traders!
let's take a look at some interesting paper.
What we see on the chart:
1. We have reached the level of 44.99, which was formed back in August last year.
2. The level is mirrored, which enhances its power.
3. You can see that the position leads by a "box".
4. Since May 20, a strong short player entered the game, who tried to squeeze the support line 38.3, but failed.
5. On June 10, we passed the resistance level of 41.90 and consolidated on it.
6. We're getting back in long position.
7. We bumped into 44.99, made a false breakout and went to retest.
First Trading Scenario:
Enter the breakout after a squeeze under the level: The day chart and the hour chart should clearly show a pressure under the level, which indicates the presence of a long player
and his unwillingness to pay worse price for an already gained position.
Second scenario, safer:
Entering the position after the breakout, after the price will test the support level.
ADAPTIVE BIOTECHNOLOGIES CORPNASDAQ:ADPT
Hey, traders!
let's take a look at some interesting paper.
What we see on the chart:
1. We have reached the level of 44.99, which was formed back in August last year.
2. The level is mirrored, which enhances its power.
3. You can see that the position leads by a "box".
4. Since May 20, a strong short player entered the game, who tried to squeeze the support line 38.3, but failed.
5. On June 10, we passed the resistance level of 41.90 and consolidated on it.
6. We're getting back in long position.
7. We bumped into 44.99, made a false breakout and went to retest.
First Trading Scenario :
Enter the breakout after a squeeze under the level: The day chart and the hour chart should clearly show a pressure under the level, which indicates the presence of a long player
and his unwillingness to pay worse price for an already gained position.
Second scenario, safer :
Entering the position after the breakout, after the price will test the support level.
High volume spinning top at resistanceDISCLAIMER. This post is for educational purposes only and should not be construed as investment advice. Your use of the stock observations is entirely at your own risk and it is your sole responsibility
Consolidation before breakout- Huge igniting volume when breaking into resistance
- Strong move upwards and forming a consolisation before another potential breakout
Adaptive Biotechnology (MSFT & Genentech partner)"Microsoft and Adaptive Biotechnologies announce partnership using AI to decode immune system; diagnose, treat disease"
They also have a partnership with Genentech (January 2019)
ADPT - Adaptive Biotechnology
IPO: June 27th 2019 - open @$39 (above current price)
Vision: We aim to improve people’s lives by translating the scale and precision of their adaptive immune systems into products to help diagnose, treat, and monitor disease.
Great risk reward with an entry right now. If we break the IPO low @36.2, I would recommend exiting part of your position.
Happy trading!
dorfmanmaster
P.S:
I think this is a short-term, not to mention long-term good investment.
I recommend looking for their research on cellular therapy.
