mrmaximo74

COCP and playing the setup

Alış
NASDAQ:COCP   Cocrystal Pharma, Inc.
Buy Shares Strategy -

Buy COCP @ $0.44

RISK 4.7% -> Stop Loss $0.4193

TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900

Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.

*Let's see what happens*

DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.