Take a look at the price action in orange rectangles, multiple times in the past price has bounced from those zones.Will it bounce again ? We need to se a retest of the zone marked in the greeN circle if it test that zone and started to move higher then it can be relatively safe to open long position, if not then price can move lower to the zone marked in the...
Aikido Pharma Inc (NASDAQ:AIKI) was over $2.55 on February 16 and closed Friday at $1.19. The stock is back at the bottom area and could provide another great swing trade. I bought shares last week. A break and close above the 1.25 level next week could move the stock significantly higher.