My long term thougt of VYNE
I recently discovered VYNE - Not sure how, but what made me interested in investing in this stock was their potential to help individuals with severe acne, and based on the technical aspect of bottom formed curve and "break out" from its consolidation period, I felt it was a good thought to get into this company. It might actually become my future pension fund. However, you shall never fall in love with a stock.
The technical aspect appears like vyne has entered a rising price channel towards $3.75 and $4.98. Yet, it much depends on what momentum we are going to have. A fallback to $2.60 is much possible, even $1.97.
I am in for the long run - I will add and strengthening my position once I have a chance to do so. In 2-3 years, I have high hopes to see at least $11.80.
/Fluff
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Disclaimer: This is my thoughts and not a recommendation to buy/sell the mentioned stock. Do your own DD analysis. I am not a professional stock trader.
The technical aspect appears like vyne has entered a rising price channel towards $3.75 and $4.98. Yet, it much depends on what momentum we are going to have. A fallback to $2.60 is much possible, even $1.97.
I am in for the long run - I will add and strengthening my position once I have a chance to do so. In 2-3 years, I have high hopes to see at least $11.80.
/Fluff
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Disclaimer: This is my thoughts and not a recommendation to buy/sell the mentioned stock. Do your own DD analysis. I am not a professional stock trader.
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