W Formation formed on Lyra. And the price broke above the neckline and just shot up.
Now there are candles with Fair Value Gaps, which will need to close.
This will likely cause the price to come down, rebalance with the prices, consolidate and then move up again...
Other indicators show bullish moves for Lyra including:
7>21>200
RSI>50
Target one will be 6.56 USD
OK. So these are purely automatically algo screened stocks. I've numbered them based on my personal pick for best performers out of this motley crew. I have done zero research into these stocks. So I will NOT be buying any. The only reason I'm posting this is for you to see my algo revision process. This is version alpha. Maybe not even that. Its a very rough draft.
Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. The firms proprietary XTreo deliver medicines. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer and is...
