4D Molecular Therapeutics, Inc.Sell trade from the 37 down to 18. From there we could be bullish again.
Wait for the price to reache the 1.618 fib.
Use stoploss!!
FDMT trade ideas
Insider Buying and Selling tradesLooking at some interesting insider buying & selling.
A few glimpses of some unusual buying & selling.
FDMT: VCP Pattern VCP: 6W 29/7 3T
RS: 98
Had a breakout on Friday
The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books.
RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
