Watching for continued GERN breakout here. Weekly chart looks good with converging MACD lines. Looks to have bounced off a support level around $1.80.
Will watch for trend confirmation at $2.10 with a stop loss of $2.00 and price target of $2.80.
Daily chart:
Will watch for trend confirmation at $2.10 with a stop loss of $2.00 and price target of $2.80.
Daily chart:
Comment:
There was a breakout above 2.10 but then a retracement. Support held through, so I will add a stop-limit buy at $2.10 as the trend appears to be continuing.
Trade closed: target reached:
Well, I definitely closed out early here, but still happy with how well this prediction did. I hope others were able to capitalize on the whole thing!