Roche AG Pharmaceuticals Swiss stock analysis and buy opportunity

F. Hoffmann-La Roche AG is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Its holding company, Roche Holding AG, has bearer shares listed on the SIX Swiss Exchange. The company headquarters are located in Basel.

Roche pharma stock prediction

As explained and predicted in Roche AG analysis last January 2020, Roche AG (ROG) has broken all-time highs and retraced to a huge monthly imbalance of around 270. After such a huge impulse, we should not be thinking of buying Roche AG (ROG) shares using lower timeframes and intraday strategies because the strength of the impulse is so strong that a reversion to the mean and that imbalance around 270 is expected. Buying shares of Roche AG (ROG) was possible around 270, and the reaction is pretty strong so far.

Take a look at Roche AG stock monthly timeframe below. You can see how that huge imbalance has been reached and how the underlying stock price rallied sharply once it reached it. What else can we say about it? Fundamental analysis? Why should we pay attention to fundamental stock analysis when huge imbalances are created in a clear trend? Ask yourself that question.

Roche stock chart analysis

You still want to learn about Roche AG stock and what the company and analysts say about it.

Roche response to the COVID-19 pandemic

Roche has accelerated the delivery and production of Actemra. Roche is working around the clock to increase the availability of COVID 19-tests; also, Roche calls governments worldwide to work closely with industry to keep manufacturing and supply running.

Currently, there are no robust, well-controlled studies showing the safety and efficacy of Actemra in the clinical treatment of COVID-19 pneumonia, and Actemra is not currently approved for this use. With the announcement of new clinical trials and a potential increase in demand for Actemra, Roche is working urgently to accelerate manufacturing capacity to maximize production of Actemra wherever possible with the goal of increasing available supply globally.

Roche AG pharmaceuticals price action analysis using supply and demand strategy

This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.

Trading supply and demand imbalances is ideal for beginners and those with a full or half-time job. You won’t need to stay in front of the computer all day long trying to move price action with your mind. 

As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.

Unless you are doing very short-term trading and scalping, you should not worry about fundamentals or earnings announcements on Roche AG (ROG) stock.

You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for the price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.

Join our supply and demand stock trading course if you want to learn how to trade using our supply and demand trading strategy.

There are several ways of buying stocks and futures. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy a CFD (contracts for difference) if you are in a country where it’s allowed.