Long
IMGN 25% and 37% targets: "Risky" penny stock
IMGN can be categorized as penny stock because its price per share is below $10Given this fact this trade idea should be considered risky. But nothing in life that is worthy is free of risk, right?
Since this is a volatile stock I would strongly suggest you should have a proper plan to execute it as a skilled surgeon
In particular, you should set your Stop loss as tight as you are able to endure loss
We have two targets ahead, 25% and 37%, the later probably higher because momentum building by retail traders
Good luck
Trade active
IMNG is taking its time but is moving accordinglyTrade active
Update: IMGN Moving as as planned
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.