CANO a healthcare penny stock with high volatility LONG
Updated
CANO is shown on a 15-minute chart now set for a long position with comments on the chart.
This is a VWAP band breakout with a volatility spike long trade.
Stop loss is about 70 cents, targets are 70 cents, $1.40 and $2.10 for 33% each and a reward
of $2 for every $1 risked. Options are available for one and two months expiration.
This is a VWAP band breakout with a volatility spike long trade.
Stop loss is about 70 cents, targets are 70 cents, $1.40 and $2.10 for 33% each and a reward
of $2 for every $1 risked. Options are available for one and two months expiration.
Trade active
Price is up 5% so stop loss is raised to 2.25 watching for call option volume to be higher before considering a contract.Trade closed: stop reached
CANO fell today and hit the stop loss. Moving it to the injured reverse list.Disclaimer
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