Rocketman

CYTK strong WEEKLY breakout and pullback and daily consolidation

Long
NASDAQ:CYTK   Cytokinetics, Incorporated
0
Weekly pullback on Feb. 10, 2015 after strong breakout! Then rallied up, but rested in daily consolidation and formed a daily HAMMER after pulling back to a 38.2% fib level and horizontal support level. So, I bought it. The next rally in to the highs might be on strong volume. So, I'll wait for it for a long time and hold it.

Target is at $11.

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.