As is often the case when you are trading part time like me , you miss news and the initial rise after news, even if you are a trader full time you can't see what happens with everything so sometimes it's a good strategy to see a stock that has had posiitve news and let the retracement happen and buy in at that point. As we can see from the rising channel this stock looks like it is at the bottom of the retracement at the moment and about to go back up. Two strategies are available here 1. if you are a part time trader like me you would probably buy in at this point and set a stop loss for 6% or something similar. 2. if you can keep an eye on the stock or have trading software that allows some automation you would probably wait for confirmation that it is going back up (a nice green candle) and buy in at that point.
Potential upside in one month is about 20%+ , best suggestion would be to hold onto the next clinical trial news but that may be some time, I would probably play a slightly shorter game and set a sell price for 10%+
Not a professional, you are on your own
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I should say that the good news that was had on July 22nd was positive initial results of clinical trials for a Lyme disease vaccine
Trade closed: target reached
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Target reached, diagram actually very accurate on this one