Athira, which made a good rally after the positive news from the company, may form the shoulder head shoulder pattern after first filling its gap around $2.45. Then, after breaking this shoulder head shoulder pattern, it can fill its big gap at $8.
Trade active:
Despite the positive outlook up to $8, I plan to close 50% of my long position around $4.2.
Trade active:
I closed 50% of my long position on February 21, 2024 at $4.2. Now, it may pull back a bit. I plan to hold my remaining positions until $8.