Scilex Holding Company
Long
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Stock with 1200% upside. Is 3rd bounce the charm?

We are still in the year long channel. It is about the test the 3rd bounce off of lower boundary of the channel. This is a stock with 1200% upside. At the time of writing, 3 analysts have a combined price target of $9.84. I hold, both, March 2025 calls and stocks.
Note
Well the channel has been broken to the downside. Will have to wait until January to see what happens.
Transaction en cours
Not sure how much more can the Bollinger Bands can squeeze. The bullish falling wedge pattern says move up. Earnings were not bad.


snapshot

Note
On the cusp of breaking out.

snapshot

Clause de non-responsabilité