$Cardiff Oncology, Inc.(CRDF)$

๐Ÿ…ฑ๐Ÿ†„๐Ÿ…ป๐Ÿ…ป๐Ÿ…ธ๐Ÿ†‚๐Ÿ…ท๐Ÿ“ˆ๐Ÿ”ฌ๐Ÿงฌ CRDF: Brewing a Biotech Breakout or a Cuppa Trouble? ๐Ÿงฌ๐Ÿ”ฌ๐Ÿ“ˆ

Kia ora Tiger traders!

Cardiff Oncology (CRDF) is showing some intriguing moves, but will it deliver the goods or leave us hanging? With its current setup, this could be the trade that turns a few dollars into a jackpot! ๐Ÿš€๐Ÿ“Š Letโ€™s dive into the latest data, chart insights, and market chatter to find out!

๐Ÿ“Š Tech Check: The CRDF Chart Rundown ๐Ÿ“Š

   โ€ข   Current Price: $2.83 (Market Closed, 25 Oct) ๐Ÿ“‰

   โ€ข   Post-Market: $2.94 (+3.89%) ๐Ÿ“ˆ

   โ€ข   52-Week High: $6.42

   โ€ข   52-Week Low: $0.94

   โ€ข   Volume: 573.8K

The chart is teasing a classic cup and handle formation, a beloved signal among technical traders. ๐Ÿ†โ˜• With eyes set on $3.24 as a breakout target, a successful breach could send CRDF soaring! With the right momentum, this stock could triple its value, pushing towards $8.50 and beyond, mirroring past patterns of aggressive growth in the biotech sector. ๐Ÿ“ˆ๐Ÿš€ Is this the breakout youโ€™ve been waiting for?

๐Ÿ’ผ Earnings & Financials: Improving, but Still in the Red ๐Ÿ’ผ

   โ€ข   Q2 EPS Loss: -$0.26 (vs. expected -$0.25) ๐Ÿ”ด

   โ€ข   Revenue: $0.16M (35.83% above estimates) ๐Ÿ“ˆ

   โ€ข   2024 H1 EPS: -$0.49 (better than -$0.93 in 2023 FY)

Despite the ongoing losses, CRDF has outperformed revenue expectations 4 times in a row. Itโ€™s a slow but steady grind up, and those with a long-term vision might see potential where others see volatility. ๐Ÿ“‰โžก๏ธ๐Ÿ“ˆ

๐ŸŸข Positives: Consistent revenue growth, R&D advances, sector tailwinds.

๐Ÿ”ด Negatives: EPS still in negative territory, high short interest (~42.84%).

๐Ÿง ๐Ÿ“Š Analyst Ratings: Majority Bullish, But Caution Remains ๐Ÿง ๐Ÿ“Š

   โ€ข   ๐ŸŸข Strong Buy: 20%

   โ€ข   ๐ŸŸข Buy: 80%

   โ€ข   ๐ŸŸก Hold: 0%

   โ€ข   ๐Ÿ”ด Sell: 0%

The sentiment is overwhelmingly positiveโ€”80% of analysts recommend buying, hinting at a promising future. Some analysts are hinting at the potential for this stock to triple if it can break free of its resistance zones. However, the Zacks Rank #3 (Hold) suggests caution. The high short interest could lead to volatility, but also a potential short-squeeze scenario. ๐Ÿน๐Ÿ’ฃ

๐Ÿ’ธ Capital Flow & Trading Sentiment ๐Ÿ’ธ

CRDFโ€™s turnover rate of 1.33% reflects moderate but stable trading activity. Post-market action shows a bump to $2.94 (+3.89%), signalling renewed interest. Traders are watching key levels:

๐Ÿ“ Resistance:

   โ€ข   $3.24 (Major Target) ๐Ÿšง (The breakout could see CRDF surge towards $8.50)

   โ€ข   $3.01 (Immediate Resistance)

๐Ÿ”ฝ Support:

   โ€ข   $2.66 (MA30 Strong Support)

   โ€ข   $2.73 (Recent Low)

A decisive push past $3.24 could ignite a bullish trend, while a drop below $2.66 may indicate the bears are still in control. ๐Ÿ”„๐Ÿ”ฎ

๐Ÿ† Competitive Edge: Where Does CRDF Stand? ๐Ÿ†

1. Moderna (MRNA)

      โ€ข   ๐ŸŸข Buy: 70%

      โ€ข   ๐ŸŸก Hold: 20%

      โ€ข   ๐Ÿ”ด Sell: 10%

      โ€ข   Trend: Riding FDA approvals; solid revenue growth ๐ŸŒŸ

2. BioNTech (BNTX)

      โ€ข   ๐ŸŸข Buy: 60%

      โ€ข   ๐ŸŸก Hold: 30%

      โ€ข   ๐Ÿ”ด Sell: 10%

      โ€ข   Trend: Strong partnerships; bullish sentiment ๐Ÿค๐Ÿ“ˆ

3. Gilead Sciences (GILD)

      โ€ข   ๐ŸŸข Buy: 50%

      โ€ข   ๐ŸŸก Hold: 40%

      โ€ข   ๐Ÿ”ด Sell: 10%

      โ€ข   Trend: Mixed trial results, robust cash flow ๐Ÿ“‰๐Ÿ’ธ

CRDF might be a small fish in a big pond, but donโ€™t underestimate its resilience. Will it be the biotech sleeper hit? ๐Ÿ…๐Ÿงฌ๐Ÿ’ก

๐ŸŒŸ BCโ€™s Final Word: High Stakes or High Potential? ๐ŸŒŸ

CRDF is like a Kiwi surfing the biotech wavesโ€”risky, thrilling, and unpredictable! ๐ŸŒŠ๐Ÿ„ With the right setup, this stock has the potential to triple in value, making it one to watch. If youโ€™re keen on a potential breakout, nowโ€™s the time to keep a close watch on the $3.24 mark. A smooth sail or a wipeout? Only time will tell! ๐Ÿ„๐Ÿ•ถ๏ธ

Hey Tiger Traders, are you betting on a breakout or waiting for clearer signs? ๐Ÿค”๐Ÿ“ˆ๐Ÿ“‰

@TigerGPTcould you analyse the historical trends of biotech stocks forming a cup and handle, particularly in high-short-interest environments? ๐Ÿง ๐Ÿ“Š

Happy trading ahead. Cheers, BC ๐Ÿ€

@Tiger_comments @TigerObserver @Daily_Discussion @TigerWire @TigerStars @TigerPicks @TigerPM 

# ๐Ÿ’ฐ Stocks to watch today?(25 Oct)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • TigerGPT
    ยท17:49
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    Cardiff Oncology, Inc. (CRDF) - Trend Analysis

    Let's analyze the historical trends of biotech stocks forming a cup and handle pattern, particularly in high-short-interest environments.

    Company Background

    Cardiff Oncology, Inc. is engaged in the development of precision medicines to treat various types of cancer. They focus on developing drugs that target the DNA damage response pathway. The company aims to improve patient outcomes through innovative approaches to cancer treatment.

    Earnings and Forecast

    Q2 EPS Loss: -$0.26 (vs. expected -$0.25)  

    Revenue: $0.16M (35.83% above estimates)  

    2024 H1 EPS: -$0.49 (better than expected)  

    Earnings forecast for Cardiff Oncology, Inc.:

    2025FY: Forecast EPS of -$1.04 (USD), forecast gross income of $322.00K (USD), and forecasting EBIT of -$57.92M (USD).  

    2026FY: Forecast EPS of -$1.33 (USD), forecast gross income of $133.33K (USD), and forecasting EBIT of -$77.11M (USD).  

    2024FY: Forecast EPS of -$1.0 (USD), forecast gross income of $530.20K (USD), and forecasting EBIT of -$48.81M (USD).  

    Analyst Recommendation and Target Price

    Analysts' recommendations for Cardiff Oncology, Inc. are as follows:

    1 analyst recommends the stock.  

    4 analysts rate it as a "Buy."  

    The target price estimates from analysts are as follows:

    Mean Target Price: $9.66667  

    Low Target Price: $7.0  

    High Target Price: $14.0  

    Capital Flow and Support/Resistance Price

    The recent capital flow data for Cardiff Oncology, Inc. (CRDF) is as follows:

    5-Day Capital Flow: October 18: Inflow of 134.1K units, October 21: Outflow of 490.68K units, October 22: Inflow of 54.86K units, October 23: Inflow of 81.67K units, October 24: Outflow of 146.94K units.  

    The support and resistance prices are as follows:

    Support Price (2024-10-25): $2.58 (USD)  

    Resistance Price (2024-10-25): $2.83 (USD)  

    Recent Trends and Profiteer Ratio

    The recent trends for Cardiff Oncology, Inc. (CRDF) indicate the following:

    Profiteer Ratio (2024-10-25): 0.7475  

    Average Cost (2024-10-25): $2.63 (USD)  

    Stock Price (2024-10-26): $2.83 (USD)  

    Disclaimer

    Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves inherent risks, and stock prices can fluctuate. It is important to conduct thorough research and analysis before making any investment decisions.

    Please let me know if there is anything else I can assist you with. Happy trading!

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