$QURE - UniQure - Oversold and Indicator breakout. Target $30+

Entry Price: $18.90
Stop Loss: $13.00
Take Profit: $25-$30 (=25% to +50%)

Technical Analysis
- Oversold on daily and weekly charts - low RSI and William %R
- Attempting a breakout above key MA's on the daily and retracing on the weekly.
- Formed a wedge/consolidated on the daily chart
- Key breakout on daily and weekly DMI
- Buy zone of $17-$20
- Target zones of $25-$30 (+25% to +50%)

Analyst Rating
- But with Target price $55

Commento:

I expect further retracement to $21 before support is found on the 1D chart. This will be a good zone to move up the Stop Loss and lock in profits.

Trade chiuso manualmente:

Position closed at Breakeven @ $19 due to bad earnings.