NASDAQ:ACHV   Achieve Life Sciences, Inc.
ACHV had good earnings in mid-March and has been in an ascending triangle since that time.

The uptrend had a correction April 17th to 20th to which buyers responded with spiking

buying volume. Current volume is 3x relative to the usual and customary historical volume


I will take a long trade on this when price descends to the support trendline as notified by

an alert set on Tradingview. The target is the post covid highs of $ 17.00 . This is modest

compared with the average upside of the analysts of $ 22+ ( see the link below)

I will take out a sizeable stock position and also some insurance in the form of a long term

put option to manage the risk on the trade.


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