PHVS Forecast


Bullish Case: With recent upgrades and strong growth potential in treating rare diseases, PHVS could see a rally if it breaks above key resistance at $19.15, targeting $24.93 due to increased investor confidence.


Bearish Case: The negative mean reversion trend and weak technical support suggest that PHVS might decline further, especially if it fails to hold above $17.35, risking a drop toward $14.


Potential Outcomes:

1. Break above $19.15: 35% chance;

2. Test resistance leading to drop to $17.35: 45% chance;

3. Continued downtrend towards $14: 20% chance.


Trading Oracle: Consider bullish trades on PHVS if it breaks above $19.15, utilizing debit spreads for long exposure. Target upside at $24.93 with a stop-loss at $19.09. If resistance fails, initiate short positions near $19.15 targeting $17.35.


July 25, 2024


Pharvaris Forecast

PHVS      Pharvaris











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