Get started
WeBelieveInTrading

ARCA biopharma Buy TF D1 TP = 2.81

Long
ARCA biopharma, Inc. (NASDAQ:ABIO)  
WeBelieveInTrading  
NASDAQ:ABIO   ARCA biopharma, Inc.
Trend Analysis Technical Indicators Gann
0
0
trendanalysis indicator gann
On the daily chart the trend started on January 27 (linear regression channel). And it is still not closed according to my calculations.

There is a high probability of profit taking. Possible take profit level is 2.81

But we should not forget about SL = 1.84

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.