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CytRx Corporation Message Board

  • thetechtraderca thetechtraderca Jan 3, 2014 10:52 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on CYTR at TheTechTrader site noting: CytRx Corporation (CYTR) is doing very well for us. It had an explosive move three weeks ago, formed a two-week falling wedge, popped, we gave it a buy, it pulled back, but then on very low volume it came on again, and it’s been up four consecutive days. On Thursday, it popped 64 cents, or 10%, on 9.2 million shares. This time it took out the previous-reversal high at 6.21. That’s a very bullish sign. It ran to 7.30 on Thursday, reaching our first swing-trade target. At this point, look for more upside. The target is 8-8 1/4 next.

 
CYTR
2.39+0.07(+3.02%)Aug 28 4:00 PMEDT