You can buy CKPT target 3.56 stop loss 3.03 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
CKPT has been in an upward trend since March last year and has recently broken out of a long negative trend, completing a cup pattern on the daily chart. I would expect it to perform a handle over the next few sessions to confirm the pattern, then continue its upward trajectory. The daily RSI is a bit too high for my liking, but it should come down to more...
Checkpoint Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the acquisition, development, and commercialization of novel treatments for patients with solid tumor cancers. Its product portfolio include CK-301, CK-101, CK-103, and CK-302. The company was founded on November 10, 2014 and is headquartered in New York, NY.
Ascending Triangle, confirmed Pros: R/R ratio high, above 6 Descending volume during formation Volume spike at break out PPS above 50Ma and 200MA 250RSI above 50 ATR ascending, more volatiliy RS above 0 and ascending 200MA ascending Price Target: PT = 4.00$ No resistance above
1) Breakout of falling wedge 2) Cloud turned bullish 3) EMA crossover on daily and weekly 4) High bullish volume
CKPT is breaking out on heavy volume. Primary Wave 1 Extension Daily: Levels: Target:
CKPT is purely a technical setup. It seems formed a beautiful Flag formation. It has beautiful money flow divergence. We think it will continue upward from here.