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SkyIsCalling
Jan 15, 2018 2:31 PM

GERN Long

Geron CorporationNASDAQ

Description

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:

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!

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