Trade Ideas Equities
BNTC(NASDAQ), CEG(NASDAQ), D(NYSE), DNA(NYSE), CHR(TSX), EMEIS(EURONEXT)
Benitec Biopharma Inc.-(BNTC/NASDAQ)-Long Idea
Benitec Biopharma Inc., a clinical-stage biotechnology company, focuses on the development of novel genetic medicines.
The above daily chart formed an approximately 2-month-long rectangle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 14.34 levels acted as a resistance within this pattern.
A daily close above 14.77 levels validated the breakout from the 2-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 18.75 levels.
BNTC, classified under the “healthcare” sector, falls under the “Small Cap - Value” stock category.
Constellation Energy Corporation-(CEG/NASDAQ)-Long Idea
Constellation Energy Corporation produces and sells energy products and services in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.
The above daily chart formed an approximately 6-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 357 levels acted as a resistance within this pattern.
A daily close above 367.7 levels would validate the breakout from the 6-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 780 levels.
CEG, classified under the “utilities” sector, falls under the “Large Cap - Income” stock category.
Dominion Energy, Inc.-(D/NYSE)-Long Idea
Dominion Energy, Inc. provides regulated electricity and natural gas services in the United States. It operates through Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy segments.
The above daily chart formed an approximately 8-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 62.44 levels acts as a resistance within this pattern.
A daily close above 64.3 levels would validate the breakout from the 8-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 80 levels.
D, classified under the “utilities” sector, falls under the “Large Cap - Income” stock category.
Ginkgo Bioworks Holdings, Inc.-(DNA/NYSE)-Long Idea
Ginkgo Bioworks Holdings, Inc., together with its subsidiaries, develops a platform for cell programming in the United States.
The above daily chart formed an approximately 9-month-long rectangle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 16.45 levels acts as a resistance within this pattern.
A daily close above 16.94 levels would validate the breakout from the 9-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 50 levels.
DNA, classified under the “healthcare” sector, falls under the “Small Cap - Value” stock category.
Chorus Aviation Inc.-(CHR/TSX)-Long Idea
Chorus Aviation Inc., through its subsidiaries, provides aviation services.
The above weekly chart formed an approximately 28-month-long cup & handle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 23.45 levels acts as a resistance within this pattern.
A daily close above 24.15 levels would validate the breakout from the 28-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 39 levels.
CHR, classified under the “communication services” sector, falls under the “Micro Cap - Growth” stock category.
EMEIS-(EMEIS/TSE)-Long Idea
emeis Société anonyme operates nursing homes, assisted-living facilities, post-acute and rehabilitation hospitals, and psychiatric hospitals.
The above weekly chart formed an approximately 22-month-long H&S bottom chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 15.15 levels acts as a resistance within this pattern.
A daily close above 15.6 levels would validate the breakout from the 22-month-long H&S bottom chart pattern.
Based on this chart pattern, the potential price target is 49.5 levels.
Teşekkürler Roy