Perspective Therapeutics Inc (CATX)

[BooDog]

I'll be looking for some form of confirmation. It's failed too many times. Though even a .20 to .25 swing isn't anything to shake a stick at. I use stockta, but not regularly. I consider their levels somewhat "mean", in other words, okay to get a sense but draw your own lines kinda thing.
My support lines are 2.28, 2.20, 2.09 and then it drops back under $2 and could get pretty fugly. I think the fundamentals give the support to hold pretty well and even bolster some decent action. I try to stick more to the technicals and my daily chart says approach with caution until we see more indicators confirming bottom.

As for resistance, and a potential buy signal for me is 2.38 (stockta and I actually agree on that one) then 2.45 for me, stockta is 2.49 and so on. stockta - open gap 2.05 - 2.13? I see that as 2.08 - 2.09 because it was partially filled May 1st. If 2.28 and 2.20 can't hang in there usually the hft's are set for the gaps so I may aim for 2.09. No sense battling for missing by .01.

The final concern is watching the divergence. I’ve played a lot of pincher plays, right now this is no where near set as a pincher. Price oscillator is negative and the ADX divergence is negative. That tells me to wait. My trusty fast stochastic and the money and possibly the cci oversold say it may be worth the risk. Tie that in with the fundamentals and I say go for it. Long term? None of this matters imo. Unless there’s a reason (bad news) to dip back under $2 I personally don’t see it happening.


Conclusion?
Possibly buy on the way up through 2.38 or wait for a better support level around 2.08/2.09.


This is all my own opinion, not a buy sell recommendation.