After a 153.77% run in 3 months, CDNA has entered into a nice consolidation pattern which it is currently near the bottom of. This trade has great risk/reward of 3.5
Entry: 2.69
Stop Loss: 2.58
Initial Profit Target: 3.08
Depending on how to stock acts near its all time highs, I will decide to continue to hold for a breakout or sell and take profits
CDNA
Entry: 2.69
Stop Loss: 2.58
Initial Profit Target: 3.08
Depending on how to stock acts near its all time highs, I will decide to continue to hold for a breakout or sell and take profits
CDNA
Comment:
Closing strong tonight, holding over the weekend. Not super strong volume, but still bullish.
Trade closed: stop reached:
Got out at 2.90, got as high as 2.97 but to low of volume so couldn't get filled, if it can breakout I will re-enter still nice 7% gain