CRBP trade ideas
For only the experienced traderThere is no reason why this can't spike to $10 at some point in the opening. I plan on buying at the open for the ride up and then short this back down. I love when you can play both sides of a day trade.
$CRBP BIO STOCK >200 MA Break @ 7.08 > Median Analyst Target 26+$CRBP BIO STOCK >200 MA Break @ 7.08 > Median Analyst Target 26+
Chart is setting up with the 200 MA break for a early set up to the Golden Cross, as the 50 MA is edging up. The stock will Blue Sky with a 11 break. Most Analysts have a target over 26 +.
Fundamental Catalysts
With Data coming and potential approvals could be " the excuse" to what the chart is telling us. With a median target of 26+ puts tremendous upside with limited downside here.
I expect this to be rich with catalysts, data points, and potential approvals till years end.
The Phase 2 -3 studies
dermatomyositis and lupus
cystic fibrosis
systemic sclerosis
seekingalpha.com
Continuation? Buy $7.67Buy: $7.67
PT1: 8.20 (gap) PT2: 8.95(gap)
SL: 7.40
RSI 79(D) 7% until gap, 7.75 lots of buyers from 08/31
CRBP closed right above treadlineWatching for either a bounce off past 10 day SMA or a breakdown to decide either short or long. RSI is about the same level as the previous bounce. Has bad news on its cystic fibrosis results and an investigation invloving possible fraud... looks more like a short, but could still go either way. Happy Trading!
NASDAQ:CRBP
CRBP IN A CORRECTIVE PHASE: ONE MORE DOWN?CRBP is in the middle of a corrective phase. If it fails breaking the top of this triangular formation it can be a good risk/reward trade to the downside.
Clear bullish signs for CRBPClear bullish signs for CRBP
I'm waiting for a dip buy @$9 and a 'easy' run to $10
