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Stock impact report

Zymeworks: Updates To Thesis And 2019 Outlook [Seeking Alpha]

Zymeworks Inc. (ZYME) 
Last zymeworks inc. earnings: 3/2 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.zymeworks.com/overview
Company Research Source: Seeking Alpha
Shares of Zymeworks ( ZYME ) doubled a few months after my Buy the Dip article was published in late February - although the stock has pulled back, shares are still in the green by about 35%. In December, there's been some technical strength after an Asia-pact was inked with BeiGene ( BGNE ) and IND-enabling data presented for second clinical program ZW49. I believe it's a good time to check back in on this multi-faceted, small-cap concern to determine whether there's a near- to medium-term opportunity to exploit in 2019. Chart Figure 1: ZYME daily advanced chart (Source: Finviz) Figure 2: ZYME 15-minute chart (Source: Finviz) When looking at charts, clarity often comes from taking a look at distinct time frames in order to determine important technical levels to get a feel for what's going on. In the first chart (daily advanced), we can observe a steady uptrend in the first half of 2018 culminating with a spike to $29 as pro Show less Read more
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