The huge increase in volume during consolidation (even though it broke out further on the upside) has me leaning towards a cautious side. I have seen multiple stocks fail after breaking out!!!
The EMA 90 (38,2 fibo) was bought, the RSI is confirming that Szenario and made a Kind of buying Signal. On its way up to the March-Top are based several resistances, the fibo Levels. Trading below 14$ would destroy the weak bullish Sentiment
CARA IS SPIKING! HOLD THIS STOCK FOR TODAY! WE ARE MAKING PROFIT HERE! CONGRATULATIONS TO MY READERS!
PLAN: WE IN @ 15.22 WITH 500 SHARES THINGS ARE LOOKING GOOD RIGHT HERE! GOOD LUCK GUYS!
CARA broke previous high on Thursday and closed below this high. This signals of a failure pattern, which has a good statistics and thus works very good. Usually it is recommended to find a good spot for short entry below fresh high with stop just above it. Lots of traders enters short here and it looks like on Friday CARA had a clear intention to shake lots of...
This is simply the location I'll look to buy in.
Showing strength relative to the market in the the last month, buying this pullback to my demand zone highlighted in yellow. Entry: $13.95 Stop Loss: $13.45 Target: 15.85 Risking 50 cents to make $2
after cup and handle breakout this broke target took most off table letting rest ride
One of the strongest biotechs last week, can keep running here