CprxIt reached 3.68$ again on November 30 finishing the cup. Now the handle has shown reaching 3.58$ so far. If next 10days goes above 3.68$ should as well pass 4$. Curious to see if this cup formation holds.
Everydayfinance
Cprx predictionMy prediction is that cprx cup will form a handle on 9-11 December at 3.7$. After the handle (don't know direction, straight or downtrend) should go up around 4.5$ then a retraction should happen. This may be a big prediction so check on your own if everything goes to this plan. However financials are good and this stock is cheap.
Cprx breakthrough 2I'm thinking of two outcomes within 1 hour. Either creates the new support at price 3.41 or explodes above 3.46. This hour now, is the best moment to take a chance to enter this stock. Or you can stay aside and watch what next 3 15min candlesticks say.
Direction?There is hope for a big green candle... otherwise it will go down to continue the previous trend.
What do you think?
Cprx behaviorIt will either go down to repeat the up down trend or break up the resistance above. I don't see enough power to break the trend but I'm still looking for a sign.
Breaking resistanceNo more covid hope are up. So it may be a good idea to be at the sidelines till dust settles
