Ascending triangle. Looking for break out of 2.50 to start run heading into Aug 19th PDUFA. See chart for resistance/support points. GLTA!! I'm in at 2.40 with 1/3 of total position.
I really like this one. With contepo recieving a CRL earlier in this year, made the prices very attractive. They have two products on the final end game, unless something extremely odd happens and the PDUFA gets rejected we should be seeing good growth with forward revenue in mind.
Cream4349
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@CapCorp, Lets hope we are right and this moons. I did not like yesterday's action but the whole market was down so you never know.
Bullandbeartrading
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Nice triangle catch!
Cream4349
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@Bullandbeartrading, Thanks! combined with catalyst on Aug 19th I like the chances.