I didn't publish a few other calls I had on this stock recently, but going into Monday I wanted to share my setup. I'm mostly watching the 5m chart but have drawn in some much longer term levels which have proven important in this recent spike. Stock has a 7M share float according to Yahoo Finance.
This could be a momentary to two day trade.
News of their eye spray cleaning product hitting Amazon.com without a prescription.
Reverse splits and some stock dilution. Long term horse shit chart.
Company makes no money, loses a lot, will still probably lose a long despite this news.
Reward targets based on intraday levels but are basically unpredictable.
