Hamahamieng

Potential break through $3 scenario for CNTB

Long
BATS:CNTB   Connect Biopharma Holdings Limited
After the good news this morning, the CNTB just got a big dip from one of the whales with weak resistance buyback force resulting in a sum of 3mil shares exchanged between buy and sale leading to a current ~$1.4. However, I noticed a similar pattern around October time where a bullish push for $1.2 and a big dip after that down to $0.79. This dip is almost 36% dip while we are experiencing $1.4 from $2.89 which is dip %51. This dip is much larger than the previous dip with potentially an uptrend bullish run for CNTB for the next 1 month run to above $3. This is a bullish scenario for the CNTB and hopefully, we will see the result of the fight between the bull and the bear!

This is not financial advice but my update views on CNTB's position after recent good news!
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