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OTLK Breakout Stock Alert Update

Long
NASDAQ:OTLK   Outlook Therapeutics, Inc.
BREAKOUT STOCK ALERT UPDATE
$OTLK - Outlook Therapeutics, Inc. - Common Stock (CV EM)
Initial Alert Price: $1.32
Price High: $1.65
% Gains/Losses: 25%
(+5.3% More Than Expected)
Potential Stop Loss: $1.5675


OTLK bounced back to the $1.65 Price Level into Today's Trading Session before meeting resistance and consolidating back the $1.42 to find additional support at those levels. The stock is actually sitting right at our Price Target around the $1.58 providing our 30% Target Gains from the initial trade alert, but after finding support around the $1.40 Levels of Resistance, we could see the stock continuing to trade within the $1.40 - $1.78 over the new few trading session to again retest those $1.73 Levels of Resistance.
This comes after the Director GM Ventures & Investments reported purchasing 8.36M Shares at $1.00/Share in Form 4 Filings on Tuesday. The next price ranges beyond those $1.73 Price Levels would be between the $1.73 - $2.89 Price Ranges #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today

Tim Burks | Founder - MyMI Wallet
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