Fundamentals have been rough as of lately for CRBP. phase 3 reaching a critical pivot point for their most recent potential product. this aside, technically speaking we are gathering a cluster of moving averages with the captain 200 day MA getting ready to cross the 9,20,50. Im semi bullish because of its current consolidation its forming on the daily chart, going...
No investment advice! I do this only for practicing. Most info on the Chart June 2-5 there are coming Data of their Lenabasum We might see a continoung pre run up before the data will be released. Cannabis related stock, as the cannabis sector is heating up. Depending on the Data wie might see a big upside breakout, or back sub 1.
Been watching this stock for a bit. It finally is about to cross 200MA a strong indicator that it will pop soon and it's jumping (crossed above $2.5 about two days ago and touching $2 now. Put your bets in....timing is everything and it's starting to get hot!
About the Tickers: Corbus Pharmaceuticals Holdings, Inc. NASDAQ:CRBP is a clinical-stage company focused on the development and commercialization of novel medicines designed to target the endocannabinoid system. The Company’s lead product candidate, lenabasum, is a novel, oral, selective cannabinoid receptor type 2 (CB2) agonist designed to provide an...
After all this time hodl, CRBP is going to reward us with a 200%. the big triangle should explode upwards. to then enter an up trend. the little triangle is a messenger of the explosion. just like a silence before the storm. let's see what's going to happen
buy crossing entry $100 risk 3:1 profit:loss 1.5 call exp.4/16
in the end of 2021, CRBP could be directed to 5.5$ then 9$?
Bullish 🎯3.8-4.5 Corbus Pharmaceuticals Holdings Inc.: CRBP. Pharmaceutical company is focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases
This chart shows that CRBP is consolidating before large spike up! Should spike this week or next week. Very bullish!
CRBP has a massive upside from here. The 2nd wave is complete and the 3rd wave is on way
The stock has been above $5 most of the time. It is only that Lenbasaum, their leading drug, has failed in one of the clinical studies, that is why the stock plummeted in Sep 2020. Nonetheless, they have couple others ongoing studies and they may have a chance to recover to pre-covid levels. Before the September news their ratings were Buy and Outperform at $12,...
Pennant getting ready. PT around $3.50
CBRP Possible cup and handle play. price bounce off 200 SMA line. Due to recent cannabis stocks bullishness, theres a high chance price would penetrate 200 SMA line.
As volume increases and price action shows an agreement that's in sync with the micro bullish channel that started back in January, the chances of breaking R1 and R2 seem more prevalent. My focus would be the price range in between the previous gap-down. I may trade into crbp pre market Wednesday to initiate an intraweek- intra quarter swing trade.
We have a pretty decent gap down from September of last year. Currently price is coming up strong from it's lows / support and looks to have enough momentum to push upwards. I think at the least it will attempt to push against the gap resistance, at possibly up above it.
$CRBP is moving with high volume and starting to climb back up. Near term may get you 25-55% gains, long term would be 83-125% to previous highs! Once it hits the 618 ($6.26) we can see what's next.