MarketMonk
Long

CARA UPWARDS CHANNEL POWER PLAY

NASDAQ:CARA   CARA THERAPEUTICS INC
Unless something crazy happens, CARA             is poised to move into the 8$ range over the coming weeks.The pullback point is almost perfectly aligned with the long term Fibonacci pivot at 6.30 interestingly enough. Our profit target should be in the area of 6.70-6.90 or a 6-10% gain respectively, expect this to play out over the next few days.

NASDAQ:CARA            
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