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Biotech / Medical : Cutera
CUTR 1.555-6.9%3:59 PM EDT

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From: Harshu Vyas2/6/2024 12:58:37 PM
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Ok, so it seems the way CUTR's stock trades is simple. Big % gains on up days and stead losses on losing days. Problem is, that losing days occur all too frequently. Ironically, I had planned to cut my loss today if CUTR broke $2.3/sh.

These sort of setups are dangerous because they're so hard to play. Yesterday I had the impression that it was time to get out - the technicals looked pretty dire. And today the stock's up more than 15%. The chart now looks fine because its now bottomed twice in the last month at ~ $2.39 so there's some support there.

Who knows where this goes? I certainly don't have a clue.
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