MGEN has been getting hammered lately. Not one single green close in the last few weeks. Friday was the first, somewhat green close and that ain't saying much. But trading action was interesting. "riday’s action was something much different than what the penny stock had seen during the 2 weeks prior. It was the first trading day that MGEN shares didn’t close...
Couple other positions didnt go as planned so I decided to exit at break even. Overall green day!
Miragen Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development of proprietary RNA-targeted therapeutics. Its product pipelines include MRG-106 that focuses on the treatment of blood cancer; and MRG-201 deals with the treatment of pathological fibrosis. The company was founded by William S. Marshall and Bruce L. Booth in...
MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here. * Trade Criteria * Date First Found- May 3, 2018 Pattern/Why- Downward channel breakout continuation. Entry Criteria- Current Levels ($7.25) Exit...
MGEN is speculative long setup. Its a bit risky but it can be great rewarding as it has huge volatility. After a recent decline, it is getting some upward push along with some insider buying. We think it will continue upward from here. * Trade Criteria * Date First Found- March 7, 2018 Pattern/Why- Speculative breakout Long. Possible longer-term momentum play...