ZIVO BIOSCIENCE INC Stock: Cup and Handle Analysis

ZIVO(16)BIOSCIENCE(16)Stock(6569)INC(1343)Cup(88)

In the world of biotechnology, few companies have captured the imagination of investors quite like ZIVO BIOSCIENCE INC (NASDAQ: ZIVO). As a leading developer of cellular immunotherapies, ZIVO's stock has seen significant fluctuations, making it a subject of keen interest among investors looking for the next big thing. In this article, we delve into the cup and handle pattern, a classic charting technique, to analyze ZIVO's stock performance and identify potential opportunities.

Understanding the Cup and Handle Pattern

The cup and handle pattern is a popular technical analysis tool used to identify continuation patterns in the stock market. It consists of two main parts: the "cup" and the "handle."

• The Cup: This part of the pattern resembles a rounded bottom, indicating a period of consolidation. During this phase, the stock price may experience a gradual rise and fall, forming a "cup."
• The Handle: After the cup has formed, the stock price may dip slightly, creating a "handle" or a narrow and flat area. This dip is often a temporary setback before the stock price resumes its upward trajectory.

ZIVO BIOSCIENCE INC Stock Analysis

The Cup Phase

ZIVO BIOSCIENCE INC's stock has been in a cup phase since the beginning of the year. During this period, the stock has seen a steady increase in price, followed by a period of consolidation. This pattern is characteristic of a cup formation, as seen in the chart below:

[Insert ZIVO BIOSCIENCE INC Stock Cup Phase Chart]

The Handle Phase

As we approach the end of 2023, ZIVO's stock appears to be entering the handle phase. The stock price has dipped slightly, forming a narrow and flat area. This pattern suggests that the stock is ready to resume its upward trajectory, potentially leading to significant gains for investors.

Potential Opportunities

Given ZIVO BIOSCIENCE INC's current stock pattern, investors may find several opportunities in the following areas:

• Short-Term Gains: Investors looking for short-term gains can consider entering the market at the current price levels and exiting once the stock price resumes its upward trend.
• Long-Term Investment: For long-term investors, ZIVO BIOSCIENCE INC presents an attractive opportunity. The company's focus on cellular immunotherapies places it at the forefront of an evolving healthcare landscape, offering significant growth potential.

Case Study: Novartis and Kite Pharma

To illustrate the potential of the cup and handle pattern, let's consider a case study involving Novartis (NYSE: NVS) and Kite Pharma (NASDAQ: KITE). Both companies were at the forefront of cellular immunotherapy development, and their stock patterns closely resemble ZIVO's current situation.

Novartis's stock experienced a cup and handle pattern in 2015, leading to significant gains in the following years. Similarly, Kite Pharma's stock followed a similar pattern, resulting in substantial returns for investors who identified the pattern early on.

Conclusion

ZIVO BIOSCIENCE INC's stock has entered an intriguing phase, with the potential to follow in the footsteps of successful companies like Novartis and Kite Pharma. By analyzing the cup and handle pattern, investors can identify potential opportunities and capitalize on the company's growth trajectory. As always, it is crucial to conduct thorough research and consider individual risk tolerance before making any investment decisions.

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