Analyzing volume using 1hr candles. Take Aways:
1) Consolidating b/t 1.86 to 1.97 -> Needs to break over 2.02 for uptrend confirmation per fib levels
2) Price targets are 2.22 & 2.40 -> take 50% profit at 2.22 and let rest ride
2) Set SL @ 1.86 for a tight SL, @ 1.58 for loose, and @ 1.35 if you're portfolio can handle the choppiness we're in
3) Mino-lok goes for FDA approval late April. Nearest competition
CRMD failed approval roughly a month ago and dropped 60% on the news so please do not go full port on this
This is not financial advice and should only be used for entertainment purposes. Do your own due diligence.
1) Consolidating b/t 1.86 to 1.97 -> Needs to break over 2.02 for uptrend confirmation per fib levels
2) Price targets are 2.22 & 2.40 -> take 50% profit at 2.22 and let rest ride
2) Set SL @ 1.86 for a tight SL, @ 1.58 for loose, and @ 1.35 if you're portfolio can handle the choppiness we're in
3) Mino-lok goes for FDA approval late April. Nearest competition
CRMD failed approval roughly a month ago and dropped 60% on the news so please do not go full port on thisThis is not financial advice and should only be used for entertainment purposes. Do your own due diligence.
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