SWRLS

PRAX Cup and Handle

Long
SWRLS Updated   
NASDAQ:PRAX   Praxis Precision Medicines, Inc.
PRAX is forming a pretty clean cup and handle on the 65min chart. It also just filled a gap to the upside from March 2023. Been riding above the EMAs and the 50 just crossed the 200. RSI near overbought, but I view that as a sign of strength in this case. A clean break on volume above $46 could see this nearly double, quick.
Comment:
Breaking resistance as we speak. Up 7% today

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