janky_07

Possible bullish run

Long
NASDAQ:CTMX   CytomX Therapeutics, Inc.
I am predicting a possible bullish run of over 300% given past historical data. When looking at the charts you’ll notice recurrent trends. First a price bearish downtrend that lasts a few months followed by a sudden 75% bullish run which is immediately followed by a sharp price dip of over 50%. Price action does culminate with a bullish run of 300%. The same pattern with very similar features does appear starting in Apr 2021. If positive news do emerge about any of their drugs in the pipeline (CX2009, CX072, BMS249) it could help serve as a catalyst for run.
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