spatial_warrior

DDDD - 4D Pharma Plc breakout

Long
LSE:DDDD   4D PHARMA PLC ORD 0.25P
Took trade at 41p - Stop at 38p. Gap fill to 51p.

Comments

Nice call
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Any thought on it today? I'm hoping to get in, but anticipating a pullback to 60..?
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@nit2wynit, I topped my holding up at 72p this morning. I see this as heading straight to an accumulation zone at 95p to 103 p if you look to the left of the chart between Jan - Feb 2020. It could pull back from this zone. Price action last few days suggests your not going to get the pull back to 60p you're looking for. Too much positive sentiment relative to it's comparator stock on Nasdaq (comparing Market caps). It might pull back a little but I'd be surprised. The next target after that is 130p - level at Nov 2019. If it gets past this I see this making a quick move to 210p plus which is the target I'm holding out for. This one moves fast when it moves.
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Nicely done mate.
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