Bullish long term setupLong since .78
Just had a bullish article on Seeking Alpha, should get the stock going
TRVN
$TRVN Tests Life at Resistance, but It's Different This TimeTRVN runs into huge long-term resistance in the $3.50-3.75 zone, where many prior spikes went to die.
However, this time, would expect a more robust attempt to sustain life above the level simply because of market context: this is retail momentum bull market now, and the stock is on the Robinhood radar.
Trevena Inc ($TRVN) PDUFA Run up IdeaTrevena Inc ($TRVN) reports on Friday, August 7th. This makes us a bit more skeptical and want to play more defensive. I do like how the chart is setting up and more skeptical money coming.
Source: www.benzinga.com
Trevena, Inc. (TRVN) short.All description on the chart.
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