Emergent BioSolutions Inc.
Long
Aggiornato

EBS possible setup with 2 major supports

178
EBS looks like a solid buy, I am investing at current price, if it goes down then I will add around second support.
Reasons to buy:
  • RSI looks oversold

  • Stock trading at long term trendline

  • 2021 consensus earning estimate 9.01 which means 7~ PE.

  • Volume is increasing which shows it is getting attention


Once the FDA will approve its facility, it will fly. Also, even if it breaks current level 2nd huge support level is not that far. So, doesn't have much to loose.
Nota
Trade is still active, it is going the same way I had drawn

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.