Trading Expectations (GNPX) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Genprex Inc. to open at $2.81, and during the day (based on 14 day Average True Range), to move between $2.27 and $3.39, which gives a possible trading interval of +/-$1.13 (+/-49.77%) up or down from last closing price. If Genprex Inc. takes out the full calculated possible swing range there will be an estimated 49.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $2.80 (1.06%) than the resistance at $2.96 (4.59%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.
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