If you came here for a cheap buy-in with pricey profits, then I have just the stock pick you’re looking for!
The biotech company I’m about to introduce you to has recently fallen into a bullish chart pattern and has the potential to increase share values 837% or more!
But the longer you wait to invest, the less rewarding the payout will be…
Keep reading to learn more about this new entry point in the market and why trading the penny stock I’m talking about seems to be worth your while.
About two and a half years ago, Curis Inc. (CRIS) shares were selling as high as $16.85. Fast forward to today and stock values are sitting somewhere around $1.80.
You’d think a decrease like this would be nothing but bad news, but that’s not entirely true.
Sure, investing in CRIS when it was priced in the double-digits, then riding the losses down to a dollar and change would’ve cost you some money.
But waiting around on the sidelines until the timing was just right is the polar opposite!
Believe it or not, Curis Inc.’s price movement is shaping up to be very bullish, at least in terms of technical analysis.
Even though stock values are now only a dollar or so away from another all-time low, moving averages are finally turning back up and price points are sitting above them.
It’s a positive indicator to say the least and what we refer to as a phoenix chart pattern.
These stocks tend to rise from the ashes after burning through their underlying values.
Lucky for you, the flames have just died down, making way for a perfect entry point!
In order to qualify, shares must be caught in a steep downtrend that stays under the 40-week moving average until it starts to turn back up.
As soon as the stock breaks above these moving averages, they tend to skyrocket!
Although they didn’t close there, prices jumped as much as 83% once they hopped over the 40-week moving average.
That’s almost DOUBLE the stock prices we saw a week before, which can give you a taste of the kind of gains we’re up against.
If the stock continues to move the way it’s supposed to and climbs up into the same price range we saw back in early 2017, you could have an 800%+ profit on your hands!
Just think… purchasing 100 shares of CRIS now would cost you close to $200, but that’s chump change compared to the $1,490 payout you’d walk away with if you stuck in the trade until prices got close to $17 again.
If you’re purely going off the technical side of things, CRIS is in a great spot right now.
With such an affordable buy-in to offer and promising trajectory on the radar, investing in Curis Inc. may just pay off in the long-run.
The key is to have both moving averages angled up and for stock values to be higher than each as well.
If you can put a checkmark next to those two factors (which you can with Curis Inc.), there’s a good chance you’re dealing with a healthy trade that’s going to make you some EFFORTLESS INCOME.
