The CLVS (Clovis Oncology) Active Short Trade broke down below the 60.47 minor support level today, bringing the trade to an 8.3% gain before reversing & currently back-testing the former support, now resistance level from below. Previous & updated 60-minute charts: Today's reversal in CLVS, with the stock profitable by 8.3% at the [...]
CLVS (Clovis Oncology) gapped below this 60-minute bearish rising wedge today & is currently backtesting it from below, thereby offering an objective short entry with a stop on a 60-minute close above 68.50. Zooming out to the daily time frame, CLVS has run into significant resistance while oversold & with negative divergences in place. [...]
The CLVS (Clovis Oncology Inc) short trade has hit the sole price target for a 25.4% profit & will now be moved to the Completed Trades category. Consider booking full profits or at least lowering stops if holding out for additional gains. For those preferring to lower stops & try to eek out some more [...]
The CLVS (Clovis Oncology Inc) Active Short Trade is trading sharply lower in pre-market, as low as 25.20 so far vs. the sole price target of 26.61. One could close the short trade here in pre-market in excess of that target or wait until the open & close the position, possibly getting an even better [...]
The following charts & notes outline the entry criterion, price target & suggested stop-loss for a swing trade in CLVS, Clovis Oncology Inc.