LionGate

Potential Short Position - 4h Interval - PULM

Short
LionGate Updated   
NASDAQ:PULM   Pulmatrix, Inc.
Hello Everyone,

The stock (PULM) experienced rapid growth (bull) within today's market. Considering the current sporadic momentum upwards, there is none-the-less an opportunity to short the stock till price consolidation.

Resistance Level 1 - (4.30 - 4.50) 20 pip interval

Blue Horizontal Line - (1.80 - 2.10) 30 pip interval

Support Level 1 - (0.50 - 0.80) 30 pip interval

Furthermore, (PULM)'s Net Income: -18.056M which can be quite alarming, as their return on assets is negative as well (-1.1653). If they can revitalize the negative totals (into positive), there still may be hope for them in the coming months and year.

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***

-LionGate
Comment:
Aprroached Key Price Zone - Potential Breakout (or consolidation) for further upward momentum. (Be Diligent and Acknowledge Market Price Action)

-LionGate
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.