Company has given very positive Guidance. Great volume today. Not the best candle, but might have been better if the market showed better strength. High short float might get this moving with a squeeze!
COLL: Collegium Pharmaceutical, Inc. 2021-08-16 08:00:00 Collegium Announces $100 Million Share Repurchase Program
COLL is in a week downtrend currently; however strong line of resistance has been drawn. Bet on rebound on resistance to slightly higher level of support. Quick conservative trade. Trade responsibly; TPs and SLs
Bullish Pinbar on weekly chart Long term trend line support Near term horizontal support Confirmed bounce started (weekly candle closed green)
COLL, No Position, lets see if it works its way down to the levels below it, still learning. Time frame is 1st of March.
I think we have a bottom,,, gap up on 5 min chart with large volume
We are moving down since April 7th. As we are close to the cloud we may assume that the break above the sshort channel may be difficult.