While I remain long-term bullish on CPRX, the current price level seems elevated, and there are signs suggesting a pullback is imminent. The RSI indicates that the stock has been overbought, and we may see a correction soon. I'm closely watching the Fibonacci retracement at 0.618, which has proven to be a strong resistance level over the past 9 months. This area around $18.50 could offer solid support, and I plan to start buying when we reach that level.
However, it's important to note the gap in the chart. As we know, gaps tend to get filled eventually, so I wouldn't be surprised if the price dips further before finding a stronger base. Despite this short-term outlook, I'm confident we're in a favorable position overall, and my long-term forecast for CPRX remains bullish.
However, it's important to note the gap in the chart. As we know, gaps tend to get filled eventually, so I wouldn't be surprised if the price dips further before finding a stronger base. Despite this short-term outlook, I'm confident we're in a favorable position overall, and my long-term forecast for CPRX remains bullish.
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.
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.