keifer

CTSO Sucker wave is next

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NASDAQ:CTSO   Cytosorbents Corporation
Hello,

What is CTSO?
Cytosorbents Corporation, a critical care focused immunotherapy company, engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology.

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My Thoughts For You
I see a bearish divergence on the daily TF from wave 3 to 5 and suspect that A wave is nearly completed. The next move is the suckers B wave which will be a great short for the sharp drop down for C wave. Wait for B wave to complete by watching the 4hr TF, look for signs of a reversal for your entry.

Good Luck, Cheers!

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