Over the last month, GOSS has managed to break out of the big RED falling channel, and in the last sessions, it looks like it may also be breaking out of the big BLACK symmetrical triangle. This morning it has traded as high as 9% above yesterday's close, and while the day is still long, these are exciting signs of life indeed. If it can gather some momentum, it could test the 200 dma for a quick 11% gain from current price; above that resistance, there are a couple YELLOW trendlines at +17% and +47%. I believe that in the long term it will go back to all-time highs for a +100% gain from today, but both this stock AND the sector it belongs to (post-IPO biotech stocks) are so volatile and unpredictable that I'm not making any kind of time forecast on when those targets could be reached. It could be a great buy-and-hold for the next couple years.
Full disclosure: long GOSS at 1% of total assets. Very aggressive play, as are all post-IPO biotech stocks. Do NOT tie up too much capital in any of this ideas, there's NO telling when gains may finally start rolling in!!!
Full disclosure: long GOSS at 1% of total assets. Very aggressive play, as are all post-IPO biotech stocks. Do NOT tie up too much capital in any of this ideas, there's NO telling when gains may finally start rolling in!!!
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.