MccaslinAndy

$DARE counter trend idea. $1.35 target $.95 stop

Long
NASDAQ:DARE   DARE BIOSCIENCE INC
Counter trends on no news seem to be good plays. 50 SMA on daily in a downtrend, ATR moving up a little, off of news spike it put in a low then bounced then another low a couple days later lower than the first with a confirmation candle today showing the base held. Low float it could run hard but even if it does not tommorw but puts in a higher low the play is still on, if it puts in a lower low on the day play is dead hence .95 stop. I gave it a little since it is low float.

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