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.
Probable Short CRBPAlright so CRBP went up 22.6 percent Friday because they were mentioned in an article for why their stock has done much better compared to other biotechnology stocks. It seems to be volatile recently and I'm expecting a big drop on Monday (probably after market open) because of sellers cashing out their positions from Friday plus the stock is obviously overvalued. Therefore, I'm probably going to short it. Don't go into any position unless you see where the stock is heading on Monday. Better safe than sorry. Follow me for idea alerts and please comment for feedback. Thanks!
Possible head and shoulders pattern for CRBP: probable shortAlright everyone I found something interesting for CRBP. Seems like it is in the process of developing and head and shoulders pattern over the past month or so. Based on what I'm seeing today, it seems to keep developing the pattern. Not sure if it will complete the pattern but keep your eyes on it. If it is H and S pattern, then support for a breakdown would be around 7.20. Once again, not entirely sure but keep your eyes on it. Comment for feedback and follow for idea alerts. Thanks!
Clear bullish signs for CRBPClear bullish signs for CRBP
I'm waiting for a dip buy @$9 and a 'easy' run to $10
