CPRX - waiting for short position. Market almost touched a higher Lin Reg and above MACD on D1. Confirmation: NOT YET !!!!. Red box: Buy area. Suggested TP: Tp1 at $10.40(close 50% of the position) and 2nd at $5.80. Suggested SL: Always follow the Ratio - min 1:3
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@jdvorak2024, The red box. Price range $15.97 - $16.88. Since I am looking for the best TP/SL Ratio than I opened a small short position(at the time I post the idea) and I am still waiting for better opportunity(red box).