Double bottom in an uptrend: - The double bottom looks like the letter "W". The twice-touched low is considered a support level. - The advance of the first bottom should be a drop of 10% to 20%, then the second bottom should form within 3% to 4% of the previous low, and volume on the ensuing advance should increase. - The double bottom pattern always follows a...
I got in at $3.66. Been in and out, trying to sell the rallies and buy the dip. It has been an interesting ride with some extreme gains. Needless to say that my position is bullish. So... what's next? My play with ZYNE is aimed at the CBD legislation that is expected at around October this year. ZYNE has many good patents, ready to market, and once CBD as an...
- Broke the triangle channel to get a support at 14.10$. - Forming a hammer may be followed by a confirmation the next day - The target is about 18i$h
$CARA Therapeutics looks to be a good buy choice for the Tuesday market open. For information on how to access the Megalodon indicator, just send me a message!
I did a write-up on Seeking Alpha on CARA breaking down where the company will be in the future (about 6 - 9 months). I am adding this stock into my portfolio. However, I am expecting the price to drop somewhat and am looking to add in positions as the price moves lower. The more CARA falls, the more I will add in.
Most likely it will be a huge leap over 20 , I have long position from 14.35 With confirmation candle on #chart and volume
The rolling three-day signal for Cardano (ADA) is "Don't Own". This is day two of the three-day signal. The signal will be updated again Saturday. For further details or discussion, feel free to leave any questions or check out signature/profile.
CARA had a very bad report on one of their drug & for that it is down big time after the market hours & came down to key support label. Now if it bounce back from here $21-22 area would a very good shorting point or break below the support. Hopefully it will be a exciting trade opportunity. * Trade Criteria * Date First Found- June 29, 2017 Pattern/Why- Key...
As biotech's (IBB, LABU) lose fear of Trump, CARA should to well. Ist tgt. 12.80.
Unless something crazy happens, CARA is poised to move into the 8$ range over the coming weeks.The pullback point is almost perfectly aligned with the long term Fibonacci pivot at 6.30 interestingly enough. Our profit target should be in the area of 6.70-6.90 or a 6-10% gain respectively, expect this to play out over the next few days. NASDAQ:CARA
late to game catching Cara but 6 to 7 move in progress with potential to 8 and 50MA