CoryMitchell-CMT

DCPH Added to Watchlist, Awaiting Breakout

NASDAQ:DCPH   DECIPHERA PHARMACEUTICALS INC
Deciphera Pharmaceuticals (DCPH) is forming a triangle after a big run-up.
This is not a trade yet. Ideally, I want to see the stock consolidate near the top of the triangle. Otherwise, I want to see a strong move out of the triangle on a one-day move with the price closing near its daily highs and well outside the pattern. I am looking for an initial target near $84 to $85.
Cory Mitchell, CMT
Stock and forex trading insights at https://tradethatswing.com/

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