Small description on chart. This is all JMO, I am not a financial advisor. Please DYODD
Those with smaller portfolios who risk losing their day-trading minimum capital of $25,000 should study this chart. MOTS had two great opportunities so far this year - both of which could turn a small account into a sizable one. Looking on the 4 hour time zone, we clearly see the best oversold opportunities in which the stock cannot fall any further down. We...
Likely around a 40% upside potential, Take profit around 1.4$ Blue line is normal trendline support Red line is Log chart support Take profit is 0.5 - 0.618 Fib of previous bounce
MOTS is on an upward trend. This biotech company has only been trading for several months and has started to trend up after testing its support at $4.35. Analyst price targets for long term have MOTS going to as much as $12. If this can break through its high of $7.87 from 12 days ago we could see a blue sky break out. On the 5min chart it is showing a bull flag.
Looking for a continuation of MOTS spike up on volume and price target from Zacks of $7. No previous resistance above $7.85, possible blue sky break out imminent. MOTS is a bio tech in GI field and has only been trading for a couple months.