US markets are closed, this may get some attention.
Insane volume last Friday that drove the price higher.
This would be a break out based trade.
Im buying a break above 2.50 on a day trade basis, a trade which may turn into a swing trade if volume and movement is favourable.
Insane volume last Friday that drove the price higher.
This would be a break out based trade.
Im buying a break above 2.50 on a day trade basis, a trade which may turn into a swing trade if volume and movement is favourable.
Note
CYBN *may* break above and make a nice move soon. Im holding a position now just to benefit from a possible break above. Would sell if I see a down trend or closes below moving averages,
Note
I had jumped in and out a bunch of times, making a small profit each time. I suppose that it is not ready to make a move and I needed to trim my position in the Psychedelics so I have money to play with. I am out of this trade. Confirmed break out above 2.60 or a buy and hold can prove to be a good strategy non the less.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.