financialSnail88674

ONTX - does it have a big potential?

Long
NASDAQ:ONTX   None
First - waiting till it fills the gap @ 0.98
Then setting stop-loss @ 0.75
Then waiting for the results of their clinical studies.

Shall we see $2-3? Or $6-7 like from the forecasts of 2017-2018? Time will show.

Mind the fundamentals and news.
Trade closed manually:
Closed the position @ 0.42 with 59% profit.
Will see if it breaks the support @ 0.40
If it does, will wait for cheaper price.
If it bounces back up, will consider buying again.
Comment:
Closed it too early.
The stock reached the goal as predicted within the next week after I closed it.
The idea worked, the way I executed it was wrong.
Need to reconsider it again, maybe it has more potential.
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