[isatrader]

What about this stock? It is out performing all of its Moving Averages, has seen extremely good volume recently and has a very good MRS Trend. Conversion has lapped Base Line on Ichimoku cloud which i'm new to, but I think that indicates a bullish period for the stock? Is this a good stock to watch, if so my main issue is trying to find an entry position?

It is likely the most talked about stock currently, as they are fighting to be the first to get a coronavirus treatment. It is in Stage 2, but due to the volatility in the stock it would be a hard one to trade with the method, other than on a breakout to new highs or a pullback towards the 10 week (50 day) MA. It also carries a larger than average amount of risk due to the race to get a coronavirus treatment. If they fail, or someone else gets there first, then it could have a sharp reaction. So it's certainly tradable, but comes with high risk.