This is an interesting company, as someone who is in healthcare I have personally administer some of the drugs
in this company's pipelines such as Ondansetron and Benztropine. They have a new supplement product called HesperCo, an antioxidant that may have potential for some sales.
From an EWT point of view I believe we are in a corrective wave 2 in the form of an abcde triangle, and others may view it as a falling wedge. Since it's a penny stock, I'd rather be very conservative and wait for price action to come back down to possibly the .786 at around 0.6 that coincides previous historical pivot points if you look back at the graph. If this is a corrective wave 2 then we may get an impulsive wave 3 taking us to past 2 dollars. The reason I think its possible for wave E to form is due to tax harvesting that may occur during the coming month, possibly bringing this stock down to 0.6 , which will be a great time to scoop up some cheapies.
in this company's pipelines such as Ondansetron and Benztropine. They have a new supplement product called HesperCo, an antioxidant that may have potential for some sales.
From an EWT point of view I believe we are in a corrective wave 2 in the form of an abcde triangle, and others may view it as a falling wedge. Since it's a penny stock, I'd rather be very conservative and wait for price action to come back down to possibly the .786 at around 0.6 that coincides previous historical pivot points if you look back at the graph. If this is a corrective wave 2 then we may get an impulsive wave 3 taking us to past 2 dollars. The reason I think its possible for wave E to form is due to tax harvesting that may occur during the coming month, possibly bringing this stock down to 0.6 , which will be a great time to scoop up some cheapies.