CTXR trade ideas
My outlook on CTXRI see a nice potential for a W pattern (black dots), current trend (red dots) looks like we may test .80 which would be a great buy IMO with potential catalysts (ph3 results & stem cell product) that could get us to the 💵 and 💰lines
CTXR BreakoutCTXR closed above the 23.6 Fibonacci level and broke thru the descending trendline to close above resistance. Im looking for it to increase up the Fibonacci scale. $1.24, $1.38 and $1.52 in the short term.
$CTXR Bullish Pitchfork & Divergence after strong 8-kOversold conditions with bullish divergence signals on the loom after a strong 8-k with optimistic outlooks on Mino-Lok and COVID/ARDS treatment
$CTXR broke through key resistance zone - now supportGood realization of gains on COVID news. New support and good upside to recent highs
Citius Pharmaceuticals, Inc. 50% upsideCitius Pharmaceuticals, Inc. engages in the development and commercialization of therapeutic products. It offers Mino-Lok, a patented solution to treat and salvage infected central venous catheters in patients with catheter related bloodstream infections and Hydro-Lido, a topical formulation of hydrocortisone and lidocaine that is intended for treatment of hemorrhoids. The company was founded by Ralph Montrone on January 23, 2007 and is headquartered in Cranford, NJ.
CTXR 30 min chart above SMA 200 (Bullish Pattern)I was looking at this stock and it have a nice bullish pattern because those candles are above the SMA200 , If the candles keep doing trades above that EMA Line and Above SMA 200 it have a high chance to reach that $1.40. Price Fell after reaching $2.00 that is a good signal of a bounce back if candles stay above SMA 200. MACD looks good for me and the RSI is not that bad. All this analysis is in base of stock chart. No fundamentals on it.
***Remember****
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.
CTRXCTRX = 50000 LONG from 0.85 TP1 1.5 TP2 2.5 TP3 5$
Citius Pharmaceuticals, Inc., a specialty pharmaceutical company, develops and commercializes critical care products. It primarily focuses on developing anti-infective, cancer care, and prescription products. The company develops Mino-Lok, which is in Phase III clinical trials for the treatment and salvage of infected central venous catheters in patients with catheter related bloodstream infections; Mino-Wrap, a liquifying gel-based wrap for reduction tissue expander infections following breast reconstructive surgeries; and Hydro-Lido, a topical formulation of hydrocortisone and lidocaine that is intended for the treatment of hemorrhoids. Citius Pharmaceuticals, Inc. was founded in 2007 and is headquartered in Cranford, New Jersey.
CTXRPENNANT/ DESCENDING TRIANGLE ON CTXR. WITH CATALYST AHEAD OF PHASE 3 DATA FOR CATHETER RELATED BLOOD STREAM INFECTION 2H 2020 NASDAQ:CTXR , SHOULD SEE A BREAKOUT FOR A NICE RUN
CTXR is going to test upper resistance. Hello,
What is CTXR?
Citius Pharmaceuticals, Inc., a specialty pharmaceutical company, develops and commercializes critical care products. It primarily focuses on developing anti-infective, cancer care, and prescription products. The company develops Mino-Lok, which is in Phase III clinical trials for the treatment and salvage of infected central venous catheters in patients with catheter related bloodstream infections; Mino-Wrap, a liquifying gel-based wrap for reduction tissue expander infections following breast reconstructive surgeries; and Hydro-Lido, a topical formulation of hydrocortisone and lidocaine that is intended for the treatment of hemorrhoids. Citius Pharmaceuticals, Inc. was founded in 2007 and is headquartered in Cranford, New Jersey.
News
Citius Receives Positive FDA Feedback on Its Submitted Plan to Study Catheter Compatibility for Mino-Lok® Therapy.
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CTRX Trending towards bullish territoryThis stock apppears to be skyrocketing with my projected trendline. Buy now while cheap!
Strong move comingCTXR has shown a nice breakout with heavy volume, followed by a pullback to the crime scene on low volume while RSI hovering just around 50, it is now moving above the 50 MA and breaking out of the second downtrendline, a good risk/reward setup
Citius Pharmaceuticals, Inc. trade setupCitius Pharmaceuticals, Inc. engages in the development and commercialization of therapeutic products. It offers Mino-Lok, a patented solution to treat and salvage infected central venous catheters in patients with catheter related bloodstream infections and Hydro-Lido, a topical formulation of hydrocortisone and lidocaine that is intended for treatment of hemorrhoids. The company was founded by Ralph Montrone on January 23, 2007 and is headquartered in Cranford, NJ.
Looking to buy the dipCitius recently Announced Positive Outcome of Interim Futility Analysis for its Phase 3 Mino-Lok® Pivotal Trial
Top line data due for 1H 2020
insider Own 42.50%
Shs Float 16.64M
Market Cap 28.70M
Increase in hedge fund holdings
CTXR Bullish chartUnusual amount of money in a small relative price range. A bigger, totally move is on the way.
