CFRX - Possible TradeHello there,
We can enter for this trade with the red lines as a support levels and the green lines as targets.
You can take profit all the way up, and the SL will be the final Red Line.
Cheers 🥂.
CFRX
How do you like it mate? CFRX What are your thoughts on phase 3 results?
I've been waiting for a long time!
CFRX a great risks/reward ratio! 🧙ContraFect Corp is a cinical-stage biotechnology company which focuses on discovering and developing therapeutic protein and antibody products for the treatment of life-threatening infectious diseases including those caused by drug-resistant pathogens, particularly treated in hospital settings. The company has developed advanced lysin product candidate, CF-301 for the treatment of Staph aureus bacteremia, including endocarditis. It also emphasizes on addressing drug-resistant infections using product candidates from its lysin and monoclonal antibody platforms that target conserved regions of either bacteria or viruses. The company operates through a single segment being the Development of therapeutic protein and antibody products for life-threatening, drug-resistant infectious diseases.
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looks like a nice long setupGreen weekly trend lines. Most interesting to me is the long RSI channel that's been forming, would like to see that continue.
CFRX GOING TO BREAK THE TRENDLINE?CFRX is pointing up after a double bottom. I'm expecting a breakout on the downward trendline. Let's see how far it can go.
