Good company with positive chart indicators that had 41% short interest on 2/28.. big gap up at $19.75. Holding $16.35 and will sell if falls below $15 and take aanother look if and when it hits $18.35 (~12%)
Picked this up when it was oversold with 29% return at the moment, with a hold of the 50 day $2.77 and resistance break at $2.91 could see $3.50.... blue sky would be the gaps up in the +$6 range... hourly is way overbought at the moment so may exit and look for another entry. Hourly volume is also relatively high.
Financials due on 2/8: A clinical-stage...
Have been following some of the Schwab A rated stocks that are oversold and decided to grab this today at $14.00. Hourly chart indicators look positive but need to break resistance at $14.25. Hope to break resistance at $14.85 then $16.30. Daily chart showing small RSI divergence. IMO the downside here is relatively low.
Daily indicators appear bullish, weekly indicators have not exactly turned yet. Hoping for a quick 5% - 10%. Sorry that the chart is a bit messy, transitioning from Stockcharts.com so need to get used to new interface.