Prothena Corporation plc - Ordinary Shares (PRTA) Social Stream

Featured Post From StockTwits About PRTA

$PRTA not the sexiest chart price wise, but take note of the heavy volume days and see what it's hinting at. I put this stock on my Breakout Watchlist for the week. In the video I cover the setups and buy points for each. Timestamps in the comments: https://youtu.be/lrM07mPI2wc

Other Notable StockTweets About PRTA

$PRTA The offer price for 3.5 million shares was $20.75--$PRTA should be moving toward or closer into that price range (low $20s). It already started the slide today (down 4.75%). The slide continued in AH (the AH low $26.05). I expect $PRTA to open on Monday in high $25s.

$PRTA, a company developing a parkinson's disease drug will be presenting the P2 data of their Prasinezumab (PRX002) at the International Conference on Alzheimer’s and Parkinson’s Diseases on March 11, 2021.

The company got a float of 39.9M shares, of which 90% are held by institution with excellent rating. Only 1.78%of the float is being held short. I was not able to find any S3 filing in EDGAR.

TA: the stock is finding support at a 1STDV below statistical mean on the 1H30D chart. TTM squeeze is indicating that downward momentum has slowed and is entering squeeze mode. We're also at a lower end tail of a volume profile nod.

Risk reward: from the current level, it is safe to say that you can risk $0.8 cents to earn $4.2 per share.

This is a solid 2 days swing. Source:

https://ir.prothena.com/news-releases/news-release-details/prothena-announces-promising-new-preclinical-and-clinical-data