AwesomeAvani

NBIX Biotechnology / Pharmaceutical Pre-earnings LONG

Largo
AwesomeAvani Actualizado   
BATS:NBIX   Neurocrine Biosciences, Inc.
Neurocrine Biosciences, a mid cap pharmaceutical firm is up for earnings on February 7th.

Investor and trader interest seems to be moderately increasing in the past week. The combined

MACD / RSI indicator is bullish. This looks good for a longtrade to be taken in the premarket

before 7:45 AM as earnings report at 8:00
Operación activa:
www.prnewswire.com/n...-2024-302055386.html

The earnings report was decent but perhaps lower than trader expectations.

I expect the dip is a good entry point for an add of position.
Operación activa:
Half of the shares @ 144 and the second half @ 137 for an average of 140.5 currently
a small loss with bullish momentum as traders realize that a 20% earnings beat with flat revenue means that belt trimming has occurred which provides context to
forward guidance.
Operación activa:
The tourniquet did not help (LOL, IMO); I am a believer I will hold out; big wins elsewhere today. patience abounding but no more adds. Will wait for the attention for tech earnings to evaporate and see if the recovery happens.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.