LowieVer

$TGTX - Pullback and consolidation

Long
LowieVer Updated   
NASDAQ:TGTX   TG Therapeutics, Inc.
Top trading idea for next week(s)!

TGTX already proved itself with a strong performance YTD of 125% (and 580% in a year).
The stock is in a clear stage 2 uptrend and is now consolidating in between the 21 day MA and 50 day EMA on lower volume (check weekly chart).
Has the fundamentals.

A few more days of tight consolidation or a quick retest of the 50 EMA would make it even a better setup and creates a launchpad.
Entry would be around 28.27
Stop breach of the 50 on high volume or a tight stop low of the day (when it breaks the pivot).

Enjoy next week!

Other similar ideas: SKX , WING and ARCT
Trade active:
We breached the pivot point yesterday on good volume. LOD could be the stop loss, looking for continuation or retest of the pivot level.
Trade active:
For the moment found support on de 50sma, still trading on low volume...

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