CALA - Potential flag formation Long.
Updated
CALA seems breaking out a downward channel, it also looks a potential flag pattern. However it is not fully ready yet, It has more work to do. We are keeping it in watch list for potential long.
Note
January 31st- After yesterday's massive it continued its uptrend with another 3.7% gain today. Looking very very good. January 30th- huge move higher on this closing up over 50% after one of its Cancer Therapies was purchased. Congrats to those in this. We would look at taking some profits at these levels. This could trade higher still. Adding a secondary exit target at $8.53
January 23rd- holding up for now, we will discuss this in Trading Room tomorrow night
January 19th-this is really breaking down and we will likely take this off this list
January 13th- Traded into opening price. Now wait & see
Note
February 2nd- Went up massive 21.58% today & hit second target of $8.53, that's more than 100% stock profit in very short time. February 3rd- Awesome move, made another 8.88% upward move. This is looking very good as long.
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