$EYEN Long Idea (Insiders Buy)Insiders bought huge amount at $4. Low risk High Reward play. Stop set at the 3.75. Targets are 5 and above.
EYEN trade ideas
EYEN dip right to its support zone! hmm😛EYEN in the extreme oversold area on the RSI
great risk reward if we entry around these areas with a tight stop loss.
It can still a risky swing because sometimes penny stocks can see big gap downs before market even opens. so be cautious.
stop loss 3.75, price target 5-5.2
before EYEN 100% spikelooking to enter at 5.08 +/- price change and prepare for the jump back to 10 price tag. This company has huge market potential in asia (china and korea) as they focus on develop treatment solution for short-sighted folks.
EYEN: Higher price rejection after spike upHigher price rejection after spike up
May try to fill the gap
If confirmed
PT1 = 4,76
PT2 = 3,69
Eyenovia and Arctic Vision Announce Exclusive CollaborationEyenovia and Arctic Vision Announce Exclusive Collaboration and License Agreement to Develop and Commercialize MicroPine and MicroLine in Greater China and South Korea
Eyenovia Eligible to Receive up to a Total of $45.75 million in Upfront Payments and Development and Commercialization Milestones and Development Costs
Arctic Vision to Lead Expansion of Novel Approach to Treating Myopia and Presbyopia in Greater China and South Korea
Arctic Vision will purchase its supply of MicroPine and MicroLine from Eyenovia or, for such products not supplied by Eyenovia, pay Eyenovia a mid-single digit percentage royalty on net sales of such products.
This licensing agreement with Arctic Vision grows our commercial reach to address some of the largest progressive myopia markets in the world.
In Asia, it is estimated that up to 50% of children in some regions are myopic, and the figure is increasing.
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