Panjang
Ascending triangle with resistance near $2
IMO: The stock is on track to ~$2 nearing the end of the year but could drop as soon as its ~$1.95 to ~$2 as there is huge selling pressure.
It is in a ascending triangle as indicated with higher highs and higher lows which is a positive for this slow growth bio stock.
The stock could pull back if it drops below ~$1.65
We do see a price channel between ~$1.68(Support) to ~$1.74 (Resistance)
I'd like to see it maintain ~$1.70 for a few days as an indication positive trend
Disclaimer: Everything written here is pure speculation and not financial advice nor I'm I a financial advisor. Trade at your own risk! Goodluck & Cheers
It is in a ascending triangle as indicated with higher highs and higher lows which is a positive for this slow growth bio stock.
The stock could pull back if it drops below ~$1.65
We do see a price channel between ~$1.68(Support) to ~$1.74 (Resistance)
I'd like to see it maintain ~$1.70 for a few days as an indication positive trend
Disclaimer: Everything written here is pure speculation and not financial advice nor I'm I a financial advisor. Trade at your own risk! Goodluck & Cheers
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.