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AwesomeAvani
Mar 27, 2024 7:40 AM

STRO a biotech startup flips into positive earnings LONG Long

Sutro Biopharma, Inc.NASDAQ

Description

STRO on a 240 minute chart got trader interest out of earnings that were projected to be net

cash outflow into reported actual earnings. This is a remarkable turnaround. The RSI lines

surged. The predictive algorithm which relies on a lookback of the regression line for analysis

toward the future forecasts a move up much higher. I will take a long trade here seeking 50-60%

in a month although the forecast is for a doubling.

Trade active

Great price movement today . Taking off 25% holding the rest through the weekend of 3days.

Trade active

Great action today. Want to take more off but its risk on for the long weekend.
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