It's an animalHuge inverse HS playing out. The last 3 months price has been pushing against the resistance. Break out is coming, SL triggers when price drops below the minimum of the current monthly candle and a daily candles closes at that level. Use limit orders to TP and take profits on the way up.
CABA trade ideas
CABA swing opportunity long on flag pattern breakout CABA stock was traded on a heavy volume few days ago and is continue to consolidate at $1.80 level forming flag pattern
any breakout of the flag pattern on a decent volume could lead to a new stock target price of $2.30. Great set up for swing opportunity NASDAQ:CABA
trading it $4.5Cabaletta is developing innovative and highly specific engineered T cell therapies for patients with B cell-mediated autoimmune diseases, designed to provide deep, durable, and potentially curative responses. The proprietary Cabaletta Approach to selective B cell Ablation (CABA™) platform is focused on eliminating pathogenic B cells that express autoantibodies, which cause certain autoimmune diseases, while sparing the normal B cells critical to human health. Its CAAR T cell products are designed to target only those abnormal B cells responsible for autoimmune disease – typically fewer than 1% of all B cells – while sparing healthy B cells and preserving normal immunity. It has identified over two dozen B cell-mediated autoimmune diseases where it believes its CABA™ platform may provide a biological opportunity for cure. The lead candidate, DSG3-CAART, is being evaluated in the DesCAARTes™ trial, which is a Phase 1 study for the treatment of patients with mucosal pemphigus vulgaris (mPV).
Another bullish biotech stock looking to make a huge runThis stock was down about 9% intraday today (hit 8.84) and was scooped up FAST in the first 5 minutes of the final hour on a Friday. That is VERY bullish price action.. also occurred just above the neckline.. Watch for a BIG move higher.
The market gives us clues.
In my opinion, there are very few clues better than an intraday drop that was scooped up entirely in the first 5 minutes of the final hour on a Friday.