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Analysis: #NASDAQ: #CGEN
Case 35 #Compugen
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
CGEN 1/4
Case 35 #Compugen
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
CGEN 1/4
Compugen was unlucky to have made it's debut during the Dotcom bubble, sentiment then was to just sell everything. Following the big fall of 2001, it managed to find it's all time low in 2009 and has since then stablised. Now it presents itself as a buying opportunity.
CGEN 2/4
CGEN 2/4
Chart 1
Monthly Chart: Important break of #trendline resistance has finally been achieved. The #SMA 100 underpins the upside.
CGEN 3/4
Monthly Chart: Important break of #trendline resistance has finally been achieved. The #SMA 100 underpins the upside.
CGEN 3/4
