Although this seems to be a risky long trade. The reward is looking promising. Looking at the fundamentals, this company is well positioned with Cash. Debt is manageable even though the company is burning through cash (but that what most healthcare companies do until their products get FDA approval). Targets and Stops are in the graphic.
Here is my take with BTC/USD:
I'm going long on this one because it follows my 3:1 Risk/Reward Ratio. I don't user smaller time frames in crypto due to being a new market so I will only operate with Weekly/Daily/8hour sometimes 4/6hr charts. My ideal buy entry will be if price comes down to 3720/3680 zone (founded in the 8hr charts) so I can start executing my...
This stock surprised me when looking over the fundamentals. Technical, this stock got hammered over all the sector its in has been hammered (HD, L). I believe that this company will need to surprise the market with earnings or potentially getting bought out