When (NBIX) Moves Investors should Listen
August 25, 2024, 19:54 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NBIX
- Buy NBIX slightly over 149.43 target 159.85 stop loss @ 149 Details
The technical summary data tells us to buy NBIX near 149.43 with an upside target of 159.85. This data also tells us to set a stop loss @ 149 to protect against excessive loss in case the stock begins to move against the trade. 149.43 is the first level of support below 152.81 , and by rule, any test of support is a buy signal. In this case, support 149.43 is being tested, a buy signal would exist.
- Short NBIX slightly under 159.85, target 149.43, stop loss @ 160.31 Details
The technical summary data is suggesting a short of NBIX as it gets near 159.85 with a downside target of 149.43. We should have a stop loss in place at 160.31though. 159.85 is the first level of resistance above 152.81, and by rule, any test of resistance is a short signal. In this case, if resistance 159.85 is being tested, a short signal would exist.
Swing Trading Plans for NBIX
- Buy NBIX slightly over 153.33, target 159.85, Stop Loss @ 152.89 Details
If 153.33 begins to break higher, the technical summary data tells us to buy NBIX just slightly over 153.33, with an upside target of 159.85. The data also tells us to set a stop loss @ 152.89 in case the stock turns against the trade. 153.33 is the first level of resistance above 152.81, and by rule, any break above resistance is a buy signal. In this case, 153.33, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NBIX slightly near 153.33, target 149.43, Stop Loss @ 153.77. Details
The technical summary data is suggesting a short of NBIX if it tests 153.33 with a downside target of 149.43. We should have a stop loss in place at 153.77 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 153.33, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for NBIX
- Buy NBIX slightly over 153.33, target 155.43, Stop Loss @ 152.97 Details
If 153.33 begins to break higher, the technical summary data tells us to buy NBIX just slightly over 153.33, with an upside target of 155.43. The data also tells us to set a stop loss @ 152.97 in case the stock turns against the trade. 153.33 is the first level of resistance above 152.81, and by rule, any break above resistance is a buy signal. In this case, 153.33, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NBIX slightly near 153.33, target 149.43, Stop Loss @ 153.69. Details
The technical summary data is suggesting a short of NBIX if it tests 153.33 with a downside target of 149.43. We should have a stop loss in place at 153.69 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 153.33, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Neurocrine Biosciences Inc. (NBIX) available here: NBIX.
NBIX Ratings for August 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
139.08 |
| P2 |
153.19 |
148.79 |
149.43 |
| P3 |
155.43 |
153.33 |
159.85 |
AI Generated Signals for NBIX
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Neurocrine Biosciences Inc. (NASDAQ: NBIX) report below is a real world example. Included are trading plans for NBIX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NBIX:
pool ads
