COGY a biotechonology stock is doing what others
in the sector typically do in their performance when they
ignore general market dynamics and often hold up in recessions.
COGT has 4Xed since May earnings so ALPHA is high.
Right now the RSI is down trending so showing bearish divergence.
Additionally, the mass index went over the threshold and
then under the...
COGT has been trading in the range during 7 months.
Being close to the support it gives an opportunity to buy it with a tight stop-loss just below the support level.
Potential profit:
1) 40-50% if bought close to the support at 8.40 and sold as close as possible to resistance at 13.28.
But I would not bet on buying cheaper than 9.00 as it is where it meets MA200,...
This idea is based solely off technicals.
Multiple S/R touches, decent volume, macd looks good on 4h chart
This could be a good play, I will keep my eye on it tomorrow at the open, if it dips below $8.49 ish I will take a position. If there is a hard dump below my stop loss point, I will not be entering, I will just watch it play out to see what happens next but...
Unum Therapeutics Inc., a biopharmaceutical company, focuses on developing a pipeline of novel therapies to treat cancer patients.
This is a technical based entry , product is ranging so I will set my target at a realistic resistance area .
I do like some of their fundamental metrics too. Primarily their eps which is expected to grow throughout the next two...
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COGT D1: BEST Level to BUY/HOLD 200%+...
Historically this is a stock that can move up and down with big swings. Right now we're in a valley, but I'm fairly positive, given enough time, this will bounce back. I'm holding even though I'm down. I just hope the valley doesn't get much deeper because it's getting harder to see the next mountain top over the horizon.
COGT seems forming a flag formation. On the other side it has a tones of insider buying. Executive Chairman of the Board picked up around 20 million
worth of shares just week ago. There are some other insider buying as well. Overall it seems very interesting Long set up.
* Trade Criteria *
Date First Found- March 28, 2017
Pattern/Why- Flag formation
Entry...
