mrmaximo74

COCP and playing the setup

Long
NASDAQ:COCP   Cocrystal Pharma, Inc.
Buy Shares Strategy -

Buy COCP @ $0.44

RISK 4.7% -> Stop Loss $0.4193

TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900

Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.

*Let's see what happens*

DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
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