[pcabc]

Hi marry123,

Technically it is looking promising short term, with a volume pop and contraction on the recent early move, and so a close above $3ish would be a potential short term buy point. However, it's highly speculative so not something I'd consider personally, as the percentage distance of the -2x the 52 week ATR max stop loss that I use would be -49% below the current price, and I prefer for this figure to be more in the -10% range personally, as anything below that becomes exponentially more difficult to recover from. So is a reasonable short term setup if it breaks out, but extremely high risk imo as its average weekly range is around 25%.

Thanks, Isa. Yes, this is a highly speculative early stage cancer treatment play so not something to invest too much into. More like a lottery ticket.

Also worth looking at the apread, it is about 3.7% at present, although that will change when the markets open.