CGEN , Perhaps an early entry but expecting reversal up.
Interesting company ,
I don't really like taking swing positions in biotech companies because I find they are somewhat unstable , lots can happen to gap a price down or up in a short amount of time.
Also, I do not have a medical background , so its kind of like reading a different language when you take some time to research the companies website ect.
But what I do like is the analyst rating and that the technical looks like we should see and uptrend soon. Perhaps a bit of an early entry though ....
So , based on that . I took an entry .
Entry 13.94
Stop 12.98
Take profit 17-18ish , adjust stop to protect profit daily .
I don't really like taking swing positions in biotech companies because I find they are somewhat unstable , lots can happen to gap a price down or up in a short amount of time.
Also, I do not have a medical background , so its kind of like reading a different language when you take some time to research the companies website ect.
But what I do like is the analyst rating and that the technical looks like we should see and uptrend soon. Perhaps a bit of an early entry though ....
So , based on that . I took an entry .
Entry 13.94
Stop 12.98
Take profit 17-18ish , adjust stop to protect profit daily .
艾力克~