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Bullwards
Jan 26, 2021 3:29 PM

CymaBay Therapeutics $CBAY - investment idea 💡  Long

Description

❌ - The volume is low on daily but increasing on 4h
✅ - We got double bottom on daily
✅ - We got Bullish engulfing action few days back on the lower channel at $5.64
✅ - MACD
✅ - STOCH
✅ - DeMarker
❌ - MA50 (13% under 50MA)
✅ - MA200 (6% above 200MA)
❌ - Pivots: (7% under the pivot point)
✅ - Ratings (7) buy

⏰ - Breakout 1: $6, Breakout 2: $6.40
🚀 - Potential targets (🚀+45%, 🚀🚀+81%, 🚀🚀🚀+107%)
🪂 - If things goes wrong better to exit under 5.62
🚦 - Next entries in case if dropped: $5.12, $4.20

⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
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Is CBAY A Good Stock To Buy Now?
finance.yahoo.com/news/cbay-good-stock-buy-now-030744478.html

CymaBay Therapeutics Is In A Good Position To Deliver On Growth Plans
finance.yahoo.com/news/cymabay-therapeutics-nasdaq-cbay-good-042507833.html

Comments
NameUnimportant
UPDATE PLZ
Investroy
Great idea
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