$IMGN can be categorized as penny stock because its price per share is below $10
Given this fact this trade idea should be considered risky. But nothing in life that is worthy is free of risk, right?
Since this is a volatile stock I would strongly suggest you should have a proper plan to execute it as a skilled surgeon
In particular, you should set your Stop loss as tight as you are able to endure loss
We have two targets ahead, 25% and 37%, the later probably higher because momentum building by retail traders
Good luck
Given this fact this trade idea should be considered risky. But nothing in life that is worthy is free of risk, right?
Since this is a volatile stock I would strongly suggest you should have a proper plan to execute it as a skilled surgeon
In particular, you should set your Stop loss as tight as you are able to endure loss
We have two targets ahead, 25% and 37%, the later probably higher because momentum building by retail traders
Good luck
Trade active:
IMNG is taking its time but is moving accordingly
Trade active:
Update: IMGN Moving as as planned
