We can observe trend reversal on Delcath.
We've had clear impulsive wave up in June 2017, since then we are in clear ABC correction.
Correction should end around 4-5cents and around end-of-September.
Following rise should be a huge impulsive wave C or wave 3 which will take us to $1-$1.3 level.
Here is my analysis on the DCTH stock. For me it looks very bullish because of the ascending triangle. As I think we will reach new All time highs soon!
Dont forget all the news, and the thing that people say they maybe get delisted. I don't think so, I think their drug will get FDA approved.
Please do also your own DD.
Reposting as it didn't post properly the first time
$DCTH Highlights for the first quarter of 2017 and the recent weeks include:
First quarter 2017 revenue of $0.74 million, an increase of 100% compared with revenue of $0.37 million in prior year quarter.
CHEMOSAT treatment milestone set by SPIRE Southampton Hospital in the U.K. with more than 100 CHEMOSAT...
Good media news on it today
REMEMBER it's a Biotech... Highly volatile !!!!
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