Long
Coiled for a Move Somewhere
Squeezing between 20 and 50 for many days, now trying to hold 200. Ridiculous price targets from analysts are much higher. POTUS SOTU re curing cancer may be a trigger for this - or not. First target 1.80. Stop double close below .95. Given the bollinger and keltner squeeze any move is more likely to be quick and quickly reversed so....
Note
Big news: Announced restructuring and looking for interest in IP. Considering the balance sheet , especially cash position, this should be significantly positive short term.Trade closed: target reached
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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.