*Speculative* $DARE - Long to $2-$3Women's healthcare company - Lots of upcoming catalysts through 2020. New acquisition this week of Microchips. Could see this fall to .50s if earnings are garbage - which is definitely a possibility, but target is still $2-$3 next year. This is speculative, but I will hold 5k shares from .79 avg.
DARE trade ideas
$DARE counter trend idea. $1.35 target $.95 stopCounter trends on no news seem to be good plays. 50 SMA on daily in a downtrend, ATR moving up a little, off of news spike it put in a low then bounced then another low a couple days later lower than the first with a confirmation candle today showing the base held. Low float it could run hard but even if it does not tommorw but puts in a higher low the play is still on, if it puts in a lower low on the day play is dead hence .95 stop. I gave it a little since it is low float.
On Watch for Wednesday, November 22First close over the 50 day EMA since July. Some resistance @ $3.40 and $3.61 then it's smooth sailing to $4.50. Targeting $4.50 first, $5.00 second and then the 200 day EMA around $5.75. Some weak support @ $2.89 and more solid support @ $2.55. Watch List @ TraderPix.com