My thoughts on Cara Therapeutics

NASDAQ:CARA   Cara Therapeutics, Inc
As you can see we are sitting in the mid range of the support and resistance . You can clearly see a pattern in movement between spikes.

We have 3 levels to enter here.
We can either jump on the red line which is a pretty aggressive entry, or we can find a entry on the support level / red level, which is more safe but there is also a chance to miss the entry. (Specially the orange level)

I believe there are some good opportunities to make some profit.

What's your thoughts?