Try to catch the near term momentum.
Entry at the current level and adding position on possible pullback.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
$IMGN can be categorized as penny stock because its price per share is below $10
Given this fact this trade idea should be considered risky. But nothing in life that is worthy is free of risk, right?
Since this is a volatile stock I would strongly suggest you should have a proper plan to execute it as a skilled surgeon
In particular, you should set your Stop...
Hi, today we are going to talk about Immunogen and its current landscape.
Immunogen is poised to receive increasing attention from the market after the announcement that it will start new trials based on an FDA advice that a new single-arm study in ovarian cancer could support accelerated approval for Mirvetuximab Soravtansine. We must remember that statistics...
My graph shows that the stock has a habit to recover to great performance within a period of approx. 200 days (blue squares).
Furthermore I've identified 3 support/resistance lines (black lines).
My guess is that the climb will be kept within the margin of the lower yellow field, were you also can we my prediction (blue lines).
P.S. Pardon me if I'm not down...