Setup: RocketBase VCP: 9W 38/4 4T RS: 89 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
Long term downtrend line broken. V shaped upswing with much increased volume. It has a well patented potential product that has great promise in assisting in treatment of difficult cancers. Like all small biotech companies there is often a lot of volatility and risk. I'm looking for a rise to 9-15. Yesterday jump due to Buy rating with target of 15 by HC...
Could flag again if it breaks above 3.66. Stop signal 3.19. Smaller position to offset stop risk. Target 4.23(acorn is already holding an active position in this)
This has room to move down within the ascending channel, but is on a level of horizontal support right now. Just keeping levels in mind. I will likely buy a small position here and will add more if it reaches the low of the channel. Happy trading!