VOR - a b iotechnology penny stock LONG
Updated
VOR is a on daily chart. It is a biotechnology startup which is burning cash. As a resut this is
a speculative long trade for this company with products to treat leukemia ( blood cancer).
Price has crossed over the POC line of the volume profile and also completed an
anchored mean VWAP cross over. The Price Momentum Oscillator is reversing and buying
volume has increased since the earnings report showed less of a loss than forecasted.
I see 30% upside to the high pivot in mid-January. In conjunction with stop- loss set at the mean
anchored VWAP this is a R to r of about 3.
a speculative long trade for this company with products to treat leukemia ( blood cancer).
Price has crossed over the POC line of the volume profile and also completed an
anchored mean VWAP cross over. The Price Momentum Oscillator is reversing and buying
volume has increased since the earnings report showed less of a loss than forecasted.
I see 30% upside to the high pivot in mid-January. In conjunction with stop- loss set at the mean
anchored VWAP this is a R to r of about 3.
Trade closed: stop reached
Closed with a small loss. Added to biotech watchlist.
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