KALA - Anyone still following this stock? I do from time
to time. Still amazed at the move and the volume in late
December.
Caught a majority of the spike in early March and again in early
April (in and out same day). Bollinger bands tightening;
stock in a narrow trading range on extremely light volume.
Sensing this is likely to spike again without warning.
I'm inclined to put in an open stop limit order to buy $1.00
above the current price in the hopes of catching a big move higher
if it materializes. Any downside to doing so? Other
ideas or thoughts?
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KALA - Anyone still following
Posted by RichieD on 11th of May 2023 at 06:44 am
KALA - Anyone still following this stock? I do from time to time. Still amazed at the move and the volume in late December.
Caught a majority of the spike in early March and again in early April (in and out same day). Bollinger bands tightening; stock in a narrow trading range on extremely light volume. Sensing this is likely to spike again without warning. I'm inclined to put in an open stop limit order to buy $1.00 above the current price in the hopes of catching a big move higher if it materializes. Any downside to doing so? Other ideas or thoughts?