EYEG - swing idea momentum gap play

11 Nis 2018

EYEG had news today so this helped the stock gain visibilty and momentum https://finance.yahoo.com/news/eyegate-issued-patent-iontophoretic-contact-123000189.html

RISK / REWARD swing idea and gap play

Analysis:
RSI is at 53 (not oversold) but is in the area of accumulation.
MACD is moving in positive area
Gap Zone hasn't been filled completely

Daytrade idea: over .45 (confirm volume, RSI and Money Flow index)

Swing Entry: .35-.39 near support or lows of the day candle (orange color)
Stop Loss: .3-5c below the support line (red color)

Price target is the Green Color which is the resistance zone (I would take some profits and move my stop loss)
Purple Color is resistance and GAP zone area.

Good Luck and remember to honor your stops.

13 Nis 2018

İşlem kapandı: durdurma seviyesi

4/13 - EYEG announced offering so it has gapped down.