CVM Imminent Rally

Notice CVM tested its upward trend and pulled back @ $3. Also the MACD cross.

This stock has been consolidating since October and is looking ready to break out. Massive bull flag on the daily. Volume has been steadily increasing every day. Also final phase 3 data due anytime. Looking for a break of $3 on 3/8 and potentially up to $3.50 short term. Long term this will be a $100 stock.

Comment:

Looking for some consolidation in the lower 5s and likely a dip into the 4.90s prior to breaking resistance at 5.72 and the on to 7.50

CVM is likely to double by 4/19 if not 4/12 as it gains publicity for its upcoming data release and as institutions get in over the $5 mark.