This is an update to my previous analysis on VCEL. I took profits at 7.70 and plan on re-entering this coming week.
A word of caution - last week shows signs of some probability for failure. This long deserves some caution IMO. A tighter stop may make sense for some, or simply a reduced amount of risk on this trade. Remember the market cap is extremely low so...
Taking small long position. Will add if break up and close above horizontal resistance line and the long term down trend line. My personal stop is a close < 5.45 (dashed horizontal line on the daily). Process your way.
Vericel Corp. engages in the development of patient-specific expanded cellular therapies for use in the treatment of patients...
Chart looking ready.
Fidelity equity summery score 9.1 up from 8.3 yesterday.
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VCEL new article: Vericel Corp (NASDAQ:VCEL)’s PDUFA Is Drawing Near
also: VCEL Vericel to Present at...