Catalyst Pharmaceuticals, Inc.Viés de alta
Sugestão da Casa
Long term stock idea: CPRX (Small Cap Biotech)
Atualizado
When markets are messy I like to explore long term bases in relatively unknown stocks.
CPRX has a 15 year base with contracting volatility in recent years, mostly since 2019.
I like the look of the quarterly chart and I like the volume markers on the daily - institutional funds have been progressively accumulating.
As all biotech stocks are highly speculative, position size needs to be taken down accordingly. This trade looks like the type of set-up that can be a multi-year hold if the stop is wide enough.
CPRX has a 15 year base with contracting volatility in recent years, mostly since 2019.
I like the look of the quarterly chart and I like the volume markers on the daily - institutional funds have been progressively accumulating.
As all biotech stocks are highly speculative, position size needs to be taken down accordingly. This trade looks like the type of set-up that can be a multi-year hold if the stop is wide enough.
Nota
CPRX continue to hold where it needs to and retesting former all time highs when the market is under pressure. Something to keep watching closelyNota
Since CPRX broke out from this massive base it's been vertical. These are rare, especially in a market like 2022Nota
Monthly/Quarterly set up for another leg up. Multibagger potential long-term
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.