LIXT - BIO - 6M FLOAT BOTTOM OF CHANNEL - WORTH A SHOT
All,
Actually a decent company as far as potiential in a bio company. Looking at TA this really should bounce here to at least $3.25-3.50 area. However, as we all know nobody can purely gauge the market. I would suggest personally entering here with a tight stop loss. As always I try to show both sides if it were to move up here and break out then downside play would be break below all time low which in most cases triggers extremely high demand and big move eventually.
I as ALWAYS only take plays like this with a 2% stop loss MARKET. Never enter trades without stop losses. It's never worth it.
No need for any offers etc see below:
Short Term Liabilities: LIXT's short term assets ($7.2M) exceed its short term liabilities ($376.3K).
Long Term Liabilities: LIXT has no long term liabilities.
Actually a decent company as far as potiential in a bio company. Looking at TA this really should bounce here to at least $3.25-3.50 area. However, as we all know nobody can purely gauge the market. I would suggest personally entering here with a tight stop loss. As always I try to show both sides if it were to move up here and break out then downside play would be break below all time low which in most cases triggers extremely high demand and big move eventually.
I as ALWAYS only take plays like this with a 2% stop loss MARKET. Never enter trades without stop losses. It's never worth it.
No need for any offers etc see below:
Short Term Liabilities: LIXT's short term assets ($7.2M) exceed its short term liabilities ($376.3K).
Long Term Liabilities: LIXT has no long term liabilities.