Basing nicely here. In the short-term, I identify an opportunity for an upside recovery in Hoth Therapeutics Inc (NASDAQ:HOTH), which remains to be confirmed. We have not had a clear capitulation to stop the current bearish trend in progress but the major support around $1.55 which we arrived a few days ago have held, it managed to stop the decline. Long setup on watch.
Hoth going to try and test the support area at 1.87. Watch for the next two levels on this daily chart.
Broke the $2.12 resistance level on the daily chart and now has become a support level. If this level holds tomorrow then the next level is $2.50. Hit double bottom on the $1.87 level. Bullish! Long-term- $10! Short term- $+2.50
Next levels to take a look at with resistance line. Bullish for a Long Term Hold. PT is $10----350% potential ---OK!!
#SWINGIDEA. PT is $10 and looks like a beast begging for a breakout very soon.
===================== HOTH (Hoth Therapeutics, Inc.) Float: 3.86M Current Price: $6.80 Low: $6.75 High: $7.90 Realistic Gains/Loss: +13.18% Target Price: $10.00 Chart Analysis Investor Presentation Website | Recent News ======================== Members, Yesterday's low-float Nasdaq listed alert HOTH (Hoth Therapeutics, Inc.) started the day...