Investor4321

$OBLN Declining Wedge, Should See Breakout Soon

Long
NASDAQ:OBLN   None
Obalon Therapeutics shares have formed a nice declining wedge formation recently. They also touched the 50 SMA and bounced off of that important volume line. Could easily swing up to the $7 zone soon. I would put the stop loss around $2.62 for this since it is a riskier play. Good Luck!

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