I am considering a decline in this stock "NBSE" with the opening of the US session as there is no major news behind its rise. Perf Week 51.12% Perf Month 30.68% Perf Quarter -68.49% Perf Half Y -72.49% Perf Year -90.65% Perf YTD -69.77%
inteeresting acommulation of volume in the past couples of days so we are going to see movement if the price breaks with nice volume the 1.2s area
As a swing trader, I wanted to give a representation of my entire thought process on this chart without using words. For those of you who know price action, then you know the reason for each point of interest. Words aren't necessary.
Neubase is entering my buy zone at the moment. I don't expect to reach all of those profit targets, but the top is technically a huge gap fill, so I had to include it. I'll take around 10% at each PT. Once my 1st PT is hit, I'll move my stop loss up to my entry. Not fincancial advice, just my trade plan.
Contextual immersion trading strategy idea. NeuBase Therapeutics is a pre-clinical-stage biopharmaceutical company, focuses on the development of therapies to treat rare genetic diseases and cancers caused by mutant genes. The demand for shares of the company looks higher than the supply. These and other conditions can cause a rise in the share price in the...