tsx_trader

CEMI - potential safe long swing

NASDAQ:CEMI   Chembio Diagnostics, Inc
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The risk reward ratio is pretty sweet when you factor in analyst ratings being well above the risk/reward levels outlined here.

I did no DD for this - strictly chart patterns. Set stopp losses should it fall under support but the support levels are quiet significant here.

This is one of those that you hold for a while, then suddenly theres just a big pop in price, you sell to take profits and forget about it till it comes back down to nice levels like these (for me anyways)




And to give credit where it is due:

I follow and saw this idea posted by sfhenderson17 first and will follow the trade. Follow him too, he posts great stuff.

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