what are the projections for CYDY? Any idea? It’s 5.39 right now. Also what do you use to purchase?
First of all, I am a swing trader, not an investor. Looking at the charts, CYDY is showing a very bullish pattern and If I were to project out 6-8 weeks, with positive news the stock "could" go to the 10-15 range.
All of the indicators/oscillators MACD, MOM, SMA are all indicating "buy" . Near term, next 5 days my price target is 6.50-6.75 in which case I would take profit and re-enter a new trade if it retests support of 5.60-5.75 range. I use both Lightspeed and Fidelity Pro for equities and Forex trading.
On another note, I am reading that CYDY's therapeutic may be more effective then remdesivir, phase 3 anaylsis and FDA guidance is expected in the next 4-6 weeks??