NASDAQ:CRIS DISCLOSURE: II've been a long follower of CURIS since two years ago and experienced an abysmal loss last year because I got married with this stock. LOL. Key fundamentals: $17.5 million shares offering at $1.24 on June 12, 2020. FDA clearance of IND application for CI-8993 on June 10, 2020 and the stock sky rocketed from .86c to $3.86 range...
Low volume, Float 30M. Just showed up on my criteria search.
About: Curis, Inc. is a biotechnology company seeking to develop and commercialize drug candidates for the treatment of cancers. The Company's drug candidate is CUDC-907, an orally-available, small molecule inhibitor of histone deacetylase (HDAC) and phosphatidylinositol-3-kinase (PI3K) enzymes. CUDC-907 is an oral, dual inhibitor of Class I and II HDAC, as...
its seems as if most big spikers have been showing this pattern of day one gapping up then dropping to consolidating establishing support then day 2 morning panic bouncing off day one support then consolidating then breaking day two bounce spike to consolidating finishing strong and then running further on day 3 for anotherspike
looks like a bottom is forming on this. Earning is getting better quarter after quarter. trending to the upside.
CRIS has formed multiple bottoms on the day chart. But if you switch the settings so each candle represents a month, you will see that it has formed multiple bottoms as well. This seems to be a good gamble play stock. at this level, it looks like it could be worth a few bucks. keep on your watch list.
Are you into scalping?, if yes then PA is at a great retracment time on Fib Ret to see what happens with a couple of thousand shares? Price action is at an all time low ( is there any CATALYSIS) for this stock to rocket up? Please check future if you are into scalping or even holding to...lets a $1.00.
CRIS has been on my radar for the past week. look like the market is moving in a bull direction.
NASDAQ:CRIS Trade details on chart. This trade should not take more than 1-2 hours to distinguish itself as a winner or loser. Either the trend and supports will hold early, or they should fail early, allowing you to move along without spending an entire day waiting to see if this is a trade you should make. Good luck to all.
Correlation w/ Monthly Chart 100% %R Backtest of 9 times (refer to previous post)
Great value at these levels scale in from .9 to .7 300%+ 1Yr
Back to back days of insider buying after a slightly missed earnings. I think this is an extreme market overreaction.
Just wanted to post this idea to put this company on people's watchlist. It is clearly in a downtrend, and earnings dropped it to lows with no clear resistance; however, after the drop there was big insider buying (something there hasn't been in the company), so I take it as a very good sign. I will be watching closely to see if the trend turns around.