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OTM.Investments
Jan 5, 2021 11:12 PM

I have a strong feeling... (EDSA) Long

Edesa Biotech, Inc.NASDAQ

Description

Hello everybody and happy new year! ❤

Major retest of breaking 6-7 years of channel Resistance. The retest after a very strong impulsive move out of the channel is forming a falling wedge with very tight price consolidation. Another plus about this stock is that it has a very low float. I like accumulation here, maybe one more chance at 3.56

I'm extremely bullish on this and see a lot of correlation with a lot of other low float biotech / pharmaceutical stocks.

My thoughts on a very long term swing trade,
See you at the top 🚀
Comments
abel11
welcome back, nice to see you again
OTM.Investments
@abel11 thanks, you too
Stilster
Same as alan12, good to see your back. Hope ur well and a happy New Year!
OTM.Investments
@Stilster you too
alan12
good to see you back in the room
OTM.Investments
@alan12 thanks 👍
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