TICKER CODE: CALT Company Name: CALLIDITAS THERAPEUTICS AB US Stocks Health Technology Pharmaceuticals: Major
Position Proposed: BUY
BUY ENTRY: NOW READY (31.00)
1st Partial Take Profit: 39.45 (July - August 2021) 2nd Partial Take Profit: 47.80 (End 2021)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 27.15
Technical Analysis 1. Large Flagpole with Falling Wedge 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) 1st Take Profit is also at the Flagpole Price Range 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. - MAY NOT REACH
Note that the market has already BREAK AND RETESTED.
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