Learn to Evaluate (NBIX) using the Charts
March 24, 2024, 11:02 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NBIX
- Buy NBIX slightly over 135.39 target 145.68 stop loss @ 135 Details
The technical summary data tells us to buy NBIX near 135.39 with an upside target of 145.68. This data also tells us to set a stop loss @ 135 to protect against excessive loss in case the stock begins to move against the trade. 135.39 is the first level of support below 141.43 , and by rule, any test of support is a buy signal. In this case, support 135.39 is being tested, a buy signal would exist.
- Short NBIX slightly under 145.68, target 135.39, stop loss @ 146.1 Details
The technical summary data is suggesting a short of NBIX as it gets near 145.68 with a downside target of 135.39. We should have a stop loss in place at 146.1though. 145.68 is the first level of resistance above 141.43, and by rule, any test of resistance is a short signal. In this case, if resistance 145.68 is being tested, a short signal would exist.
Swing Trading Plans for NBIX
- Buy NBIX slightly over 144.97, target 145.68, Stop Loss @ 144.55 Details
If 144.97 begins to break higher, the technical summary data tells us to buy NBIX just slightly over 144.97, with an upside target of 145.68. The data also tells us to set a stop loss @ 144.55 in case the stock turns against the trade. 144.97 is the first level of resistance above 141.43, and by rule, any break above resistance is a buy signal. In this case, 144.97, 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 144.97, target 140.23, Stop Loss @ 145.39. Details
The technical summary data is suggesting a short of NBIX if it tests 144.97 with a downside target of 140.23. We should have a stop loss in place at 145.39 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, 144.97, 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 144.64, target 144.97, Stop Loss @ 144.3 Details
If 144.64 begins to break higher, the technical summary data tells us to buy NBIX just slightly over 144.64, with an upside target of 144.97. The data also tells us to set a stop loss @ 144.3 in case the stock turns against the trade. 144.64 is the first level of resistance above 141.43, and by rule, any break above resistance is a buy signal. In this case, 144.64, 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 144.64, target 140.23, Stop Loss @ 144.98. Details
The technical summary data is suggesting a short of NBIX if it tests 144.64 with a downside target of 140.23. We should have a stop loss in place at 144.98 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, 144.64, 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 March 24:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
125.24 |
| P2 |
140.16 |
140.23 |
135.39 |
| P3 |
144.64 |
144.97 |
145.68 |
AI Generated Signals for NBIX
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Neurocrine Biosciences Inc. (NASDAQ: NBIX) report below can help you understand how to do this. The trading plans for NBIX, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NBIX:
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