CYCC 7% Short Float / strong support - accumulating / Fill Gap

CCYC has been accumulating for a month and have started to make higher lows. PR this month and conference has helped with visibility. This week pop helpful to put it back on radar. Low risk/Great Rewards to fill gap
RSI / MACD is not overbought and has turn positive zone. Small pop at 2.13 which hit 50dma 1.97. I think this will start to accumulate as long as there is a strong support level at 1.70 area. Once it breaks above 1.97 -- I think it will start to trend higher. Short Float 7.67% which will help price move higher.
Idea:
1. Buy Stop above 2.15 (needs volume)..
or
2. Start accumulating within 1.67 - 1.75 area. SL at 1.53
RSI / MACD is not overbought and has turn positive zone. Small pop at 2.13 which hit 50dma 1.97. I think this will start to accumulate as long as there is a strong support level at 1.70 area. Once it breaks above 1.97 -- I think it will start to trend higher. Short Float 7.67% which will help price move higher.
Idea:
1. Buy Stop above 2.15 (needs volume)..
or
2. Start accumulating within 1.67 - 1.75 area. SL at 1.53
Nota
Today had a good pop above 50ma.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.