Arcutis Biotherapeutics Inc is a medical dermatology company. It is developing treatments for patients with immune-mediated dermatological diseases and conditions. It is leveraging recent advances in immunology and inflammation to develop differentiated therapies against biologically validated targets to solve persistent treatment challenges in serious diseases of...
We broke the falling channel. Even if 1.86 blinks at us below, the 22 exponential average. 50 exponential average up cut is a buying opportunity. We can accept 22 and 50 exponential averages for our target point. It is the right decision to close the position in possible closings below 1.86.
3rd gainer in January is ARQT . Holding period is 15 days (12/20/22-1/4/23). Account up 1%.
This month till today, my account is up 2.5%, average holding period is 12 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
It starts to spike around the middle of each month, and peaks a little higher each time. Look at the price movement, the volume , and MACD indicator. If the price goes near 40, that's +35-38%, with relatively low risk.
