TMBR Timber Pharmaceuticals Upside PotentialTMBR Timber Pharmaceuticals had a recent public offering price of $0.64 per share of common stock and accompanying common warrant. The warrants have an exercise price of $0.70 per share.
The price is now 0.47usd
There is a strong upside potential short term!
Price Target 1: $0.85
Price Target 2: $1.37
Stop loss: $0.41
Looking forward to read your opinion about it.
TMBR
TMBR ready for a BUY I have an alarm set on the Purple Trendline to buy this breakout, which could range between Purple line and the yellow trendline in short term
a truly great buy would be to wait for the cross of the yellow trendline for a safer entry to a Long position.
will monitor this from time to time, but a short term buy opportunity coming soon.
TMBR 271% rise may start
TMBR 271% rise may start.Based on my technical analysis, I assume that TMBR is in an accumulation range.Based on my technical analysis, I assume that TMBR is in an accumulation range. At the moment, it is seen to be on the verge of a major rise from the bottom of this range. You can see in the chart a fractal structure. The initial fractal accumulation band was 23%. The fractal currently under construction has also corrected 23%. In case the initial fractal is copied (the analysis assumes this) the price movement is currently copying a 271% rise. In case the assumption is correct the next target price could be : 5.66usd.
TMBR before 104% growthTMBR before 104% growth. Health care could get nearly $ 8.3 billion from Joe Biden’s financial package. This is good news for Timber. From the analysis, it can be seen that the Timber moves in an ascending wave sequence. It can be seen that this sequence is double the size of the plow sequence shown in the figure. Therefore, it can be assumed that the current rising wave could reach the target price of 5.4 usd.
TMBR Breakout AttemptTMBR looks poised to rocket higher out of this base. Massive volume recently shows accumulation at these levels. Super small cap spec biotech, but the current market conditions are great for stocks like this. Love today's reversal candle. I went long at $1.81 and will monitor closely.
Overextended to the downside, Corrective IMPULSE is DUE! (TMBR)Here is a low float pharmaceutical company with a hot bargain of a deal!
We currently sit on a very special only once every couple of years type of moment. MAJOR structural support is being tapped right now from a 7 year decline!
Pharmaceutical and Biotech sector look HOT and READY!
I'm starting to think a 4x move ain't so crazy.
I think it looks like a good long term play.
TMBR before a 150% increase.TMBR before a 150% increase. TMBR began construction of a second rising fractal. It crossed the D1ATR wave axis (orange dotted line) as an entry signal. My assumption is that crossing this axis, a rapid ascent is expected. The target price for the rise is 3.01usd
