CBAY
CBAY - Large Symmetrical Triangle Symmetrical Triangle leading to a bullish breakout plotted using a bars pattern
Symmetrical Triangles are often considered a bullish pattern
Cbay LongLooking for price to reject key level and and start to reject trendline and start making new higher higher and contiue to the upside.
CymaBay Therapeutics $CBAY - investment idea 💡 ❌ - The volume is low on daily but increasing on 4h
✅ - We got double bottom on daily
✅ - We got Bullish engulfing action few days back on the lower channel at $5.64
✅ - MACD
✅ - STOCH
✅ - DeMarker
❌ - MA50 (13% under 50MA)
✅ - MA200 (6% above 200MA)
❌ - Pivots: (7% under the pivot point)
✅ - Ratings (7) buy
⏰ - Breakout 1: $6, Breakout 2: $6.40
🚀 - Potential targets (🚀+45%, 🚀🚀+81%, 🚀🚀🚀+107%)
🪂 - If things goes wrong better to exit under 5.62
🚦 - Next entries in case if dropped: $5.12, $4.20
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
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Is CBAY A Good Stock To Buy Now?
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CymaBay Therapeutics Is In A Good Position To Deliver On Growth Plans
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CBAY longgggggThis baby will pay back to $5 some day in the near future. Buying stock and options. Just thank me later when it eventually doesn
