EYPT Short
Updated
Pumped super hard. RSI showing oversold on 1w, 1d, 4h, 3h, 2h, and 1h charts. Got rejected at resistance.
EYPT is an industry leader though, so it could correct and continue its pathway up higher.
If it breaks the support then SELL, if it breaks the resistance than BUY.
finance.yahoo.com/news/today-research-reports-stocks-watch-121000129.html
finance.yahoo.com/news/eyepoint-pharmaceuticals-announces-third-quarter-110000389.html
Earnings are released May 8th.
EYPT is an industry leader though, so it could correct and continue its pathway up higher.
If it breaks the support then SELL, if it breaks the resistance than BUY.
finance.yahoo.com/news/today-research-reports-stocks-watch-121000129.html
finance.yahoo.com/news/eyepoint-pharmaceuticals-announces-third-quarter-110000389.html
Earnings are released May 8th.
Note
Support is 2.18; resistance is 2.55.Note
Other buying levels.
Note
Trade active
It's going up and looks healthy to go to at least 2.60Conversion and base line had a bullish cross and we're in a green cloud on all time frames except for 15 min.
Trade closed: target reached
Hit 2.71, hope you guys made some profits. This stock could keep going and I think it will off fundamentals alone but I'm not going to be following it anymore: this was just a post for a friend.
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