Do you have Diamond Hands? Check out NXRP's Volatile Reversal...
NRXP is in for a wild & volatile ride where it may reverse & double in value or even more. Technicals support a reversal over weeks with a current strong trend on the daily.
Fundamentals are strong; F-Score is 9 & they just had some major news catalysts including a COVID-19 Treatment drug.
High risk with potentially high reward: up to a 25% drawdown and a potential 100+% gain leading to a 4:1 risk to reward ratio. With a ~30% short interest this could be a wild ride like GME or AMC.
Risk management by day trading may be possible.
Fundamentals are strong; F-Score is 9 & they just had some major news catalysts including a COVID-19 Treatment drug.
High risk with potentially high reward: up to a 25% drawdown and a potential 100+% gain leading to a 4:1 risk to reward ratio. With a ~30% short interest this could be a wild ride like GME or AMC.
Risk management by day trading may be possible.
Comment:
This is setting up to pull back, potentially very hard. Would not enter a position now. Wait & see after the dust settles.
Comment:
This may be the beginning of a multi-day run for NRXP.