SNCA has broken out of a descending channel

2021年3月5日

Catalyst Seneca Biopharma, Inc. (Nasdaq: SNCA) entered into a agreement with a privately held company Leading BioSciences, Inc. (“LBS” for a merger with to form Palisade Bio, Inc.

SNCA has broken out of a descending channel and retested the upper trend line.

The idea is self explanatory targets and stop loss is marked on the chart.

A good risk management is key to success in the financial markets. Risk only a small portion of your portfolio in this risky but potential trade.

2021年3月22日

註釋

First price target done.

2021年4月27日

取消訂單

Reason for cancel is SNCA ticker will be no more after today becasue of a new ticker PALI as the merger comes into effect.