Higher than avg vol today, following outside day candle. Perhaps we finally see low $40's on the horizon.
We're long since $31, looking for a target of low $40's This position has surely tested our patience but still green.
CDNA - looking to retest $5.50/$5.53 before it can make a run to $6.29 range.
Consolidation of volume, RSI waiting to make a move, breakout of the falling wedge, the candlestick, to me on this day 03/01, shows me that ultimately there's an agreement in price. However, almost a $0.50 swing here as well, as investors begin to stare each other down.
Let's see what...
Lots of noise caused me to miss my prediction; trust your charting process and watch profits grow. Blue vertical line is where i started watching my play. To the penny it did what i predicted, but i didn't pull the trigger.
After a 153.77% run in 3 months, CDNA has entered into a nice consolidation pattern which it is currently near the bottom of. This trade has great risk/reward of 3.5
Stop Loss: 2.58
Initial Profit Target: 3.08
Depending on how to stock acts near its all time highs, I will decide to continue to hold for a breakout or sell and take profits