Jul. 19 at 12:50 AM
$ACHV is consolidating after the recent volatility surrounding the FDA’s CRL. While the decision created a near-term hurdle, the technicals remain resilient with the stock holding key moving averages. Watching for volume to confirm if this base can hold as the company advances its manufacturing partnership with Adare Pharma. 🐂🎯
Bull Key Levels: A firm break and hold above
$6.40 is essential to invalidate the recent downtrend and target the
$7.11 yearly highs. 🐂🔥
Bear Key Levels: Defending the
$6.02 support floor is critical to maintain the current structure and prevent a retest of lower support zones. 🐻⚠️
Take Profit Targets:
$7.00 /
$8.50. 💰💸 #hovdid #achv #biotech #stocks #trading #optionsflow