SCYNEXIS, Inc.
Long
Updated

Cup and Handle

208
6 month cup and handle here with a weekly breakout with massive volume validating the move, if price manage to close above the newly formed support, here's a great long opportunity, the SL is based on an intraday open price.
the cup and handle suggest a higher target but there’s an important resistance to beat first so that would the TP1.
Order cancelled
Never enter since it never close near my entry, just a big wick.

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