0SZI trade ideas
CRBP return to pre-covid?The stock has been above $5 most of the time.
It is only that Lenbasaum, their leading drug, has failed in one of the clinical studies, that is why the stock plummeted in Sep 2020.
Nonetheless, they have couple others ongoing studies and they may have a chance to recover to pre-covid levels.
Before the September news their ratings were Buy and Outperform at $12, $22 and even $40 levels.
Mind the fundamentals and news.
Am I overly Ambitious for a 7 to 1 ratio play on the $CRBP 4h?As volume increases and price action shows an agreement that's in sync with the micro bullish channel that started back in January, the chances of breaking R1 and R2 seem more prevalent. My focus would be the price range in between the previous gap-down. I may trade into crbp pre market Wednesday to initiate an intraweek- intra quarter swing trade.
$CRBP Cannabis Trade setup 35% Potential gains
This stock has already ripped higher in recent days as it has entered the gap in the chart.
In teh after - hours session it is now trying to break above the 200ma, which could result
in a very nice entry and rally.
Very much depends on the short squeeze continuing in the POT space.
Good luck
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Corbus Pharma cannabis playI entered a small position on Corbus Pharma at 2.60 following a stock screener alert. The stock recently pushed through a resistance trend line at 2.50. This is a long shot speculative position with about 200% upside potential. However nothing is a sure thing. Just putting this out there for folks that like to speculate for fun and sometimes profit.
I am not a professional broker. If you are unsure as to whether or not you are comfortable losing money on speculative buys, seek the advice of a professional.
$CRBP Major GapBeen adding on dips since Monday playing it as sympathy play of other cannabis stocks that are ripping, plus there's a huge gap to be filled if we can get a bullish candle over $3 that's when the scanners come in.
The volume has been increasing and creating higher lows on the hourly chart it tapped 3.04 today but got rejected quick once we get a nice pop this might run and fill the gap, again this are only my ideas trade them accordingly and good luck!
$CRPB - Corbus Pharma - Gap Fill Break After-hours
Very bullish move for the stock during the throughout the day and in
the after-hours it is attempting to break above the IPO level $3.00, potential target the 200ma
Huge gap in the chart so rallied can be frantic but care needed in this sector.
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CRBP Daily - GAP POSSIBLE I am in this just because of the gigantic gap. Target is $4, with a chance (if it gets volume) to run up close to $6 which is where the last offering was.
No reason to do a bunch of DD or anything on this -I am simply playing the chart. Its going to run or its not....Stop loss during market hours, keep alerts on it during after hours.
TRADE YOUR PLAN.
$CRBP