gkm

Hero Trade

Long
gkm Updated   
NASDAQ:FWBI   First Wave BioPharma, Inc.
Low float momo popper (or pooper). Good risk-reward. First target 4.50 and then 17.5.
Comment:
Positive news on Friday. Expected first area of potential resistance 2-2.40, then 4.50ish.
Comment:
Updated chart for split with first target range.
Comment:
On the move this morning. Already traded 3/4's of its shares outstanding, in the pre-market. Time will tell where this goes from here.
Comment:
So many crap stocks that, like this one, have been crushed and now look ready to pop higher. Is the Fed going to spread a little irrational exuberance - or is the market going to say f the Fed we've got trillions of dollars to dispose of somewhere before they are worthless.
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