STTCOMP MSB TA LONG
the rollercoaster that is MSB
(biotech)
MC 314m
SOI 1.015m
CIH 77m
my first entry - probably be my last! doubt it will meet the 20% threshold but I noticed and bought today, so thought I would highlight the chart
I see now it's a bit hard to read - but imo MSB is trading in an ascending triangle formation I entered at today's vWAP 30.5 with a short term weekly target of 33.5 but have revised that upwards if the triangle plays out to 35, and a stop loss at 29.5. OBV appears to support ascending triangle ¯\_(ツ)_/¯ overhead gap may also beckon (38.5) if trading gains momentum.
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Neil Goodman, MD
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