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