SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Cutera
CUTR 1.555-6.9%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Harshu Vyas2/6/2024 12:58:37 PM
   of 21
 
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.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext