How to swing AGRX for maximum profitHi traders,
The consumer sector has been in a sharp decline in recent days and we have a trading idea in AGRX for further declines.
AGRX tried to move up and failed, broke the support level yesterday, and is now trading below it.
Our idea is to take AGRX if it breaks the $ 1.97 price for further declines to the $ 1.5 range.
AGRX
AGRX IDEA for next weeks hope for another breakout from the downtrend with earnings and set new utrend .
accumulating for long
first PT 1,26.
pt2. 1,9
pr3. 2,6
52w low- 0,65
52 high 3,75
almost 80% drop ...
...its time to make some money back...
BOUGHT AT 0,66 12.10.21
cup & holder breakout. target $4.50Please note: just sharing my view. its not a recommendation for buying or selling
AGRX Bullish Crossed upper Bollinger Band, and it continued uptrend while testing moving average support levels. I can see it reaching $3.30-$3.50 range in the next 3-5 days.
LONG $AGRX AHEAD OF FDA DECISION THIS WEEKTake profit 1: 7.50
Take profit 2: 10.00
FDA decision on the companies product Twirla. Womans contraceptive patch BRUDAC ADcomm voted 14-1 in favor. 200mmil marketcap with a 4bill addressable market. Chasing approval since 2013. Approval IS NOT for certain. They could be issued a CRL. Could go much higher on approval. Manage your risk accordingly.
AGRX therapeutic looking bullish C&HVolume confirming a C&H formation with exit points set at numbers below (respectively) and stop loss at $1.28 & set for a parabolic week moving forward.
TP1: $1.525
TP2: $1.68
Stop @ $1.28
-@a1mTarabichi
Disclaimer
Not financial advise. Please trade carefully & responsibly.
AGRX- Fallen angel type of long from $2.42 to $2.97 and higherAGRX had a huge decline from $8 down to $2, and now seems forming fallen angel type of upward momentum. It has huge upside potential, and we think it can easily hit $3 area & go up further.
* Trade Criteria *
Date first found-February 7, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $2.42
Exit Target Criteria- $2.97
Stop Loss Criteria- $2.13
(Note: Trade update is delayed here.)
