nhourani

possible long opportunity with CGEN stock + technical indicators

Long
NASDAQ:CGEN   Compugen Ltd.
profit target at 6.60 USD. I suppose we have an HPS setup with the trend line divergences, the undersold stochastics indicator, the very much undersold relative strength index and the MACD line intersecting the signal line
It seems to me that it will bounce back off the support line one more time and possibly have a breakout over the resistance level. good luck to all. My personal opinion for this stock.
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