Hepion Pharmaceuticals - an opportunity like no other* cautious investment opportunity - low market capital *
4-years of price action resistance, a 99.96% correction, and now a higher low in price action following the oversold condition (orange column). So many reasons to be bullish on this stock. Let’s go through them.
1) As mentioned above, price action has broken out from 4 years of resistance. Following that breakout the bottoming candle is now offering support, which just so happens to be support on the previous price action resistance trend line.
2) Regular bullish divergence between price action and Stochastic RSI.
3) Volume - together with point (2) volume has been increasing = very bullish. Someone knows something I don’t.
4) No stock splits! It seems incredible a stock that was once traded for 3000 can now be bought today for 2.20.
A buy from 1.92 is amazing if you can get it.
1st target: 150 / yes 6000%
2nd target: 558 / 25,000%