$CPRX would of been the easiest stock to trade since 2013.
2013: Gaped Down to around 0.50 and consolidated for awhile between 0.37-0.60 creating a strong support level. Half way through 2013 it broke out of consolidation and rallied for 2 years over 840% to 5.80.
2015: After it made this huge run It crashed all the way back down to its last major support zone...
CPRX (1W) 3month High 9M Volume 34 % gain with a fish above high of day ytd uptrending pin on hill
*This would be my 2nd pick the reason being the day pattern finishing above high of day
Play: In at 4.01 near closing on the 20/3/19
Premarket: This is hanging out around 4.09 which is 2% off entry point
Exit will be looking for a nice morning spike here
BUY OR WAIT? All signs say the price is going to keep falling, yet one can possibly deduct that you can make a quick play on the market gap that has been created. Furthermore if so, could this be one of this weeks highest yielding short-term play on the naturally risky nature of the pharmaceutical market?
Release of FDA approvals yesterday
www.sec.gov
...
I call it the Snake Catalyst. It's a patient one. In 9 months it rose 329%. Hold this and selling at 10. Check the RSI pattern repeat. Check them out if you aren't familiar ir.catalystpharma.com
Well... whatever it is, all signs I can see are pointing to the sky (since its the limit).
Still, I will wait for a clear signal before entering anything here.
My opinion is, we will soon see a breakout, of the resistance breaks. If not, go on the next idea.
Trigger is definitely the break of resistance, but be prepared for that pullback!
