Celldex Therapeutics Inc (CLDX)

[THREE-DAY-TRADER]

Starting to show worsening signs since 7/23 all of a sudden. If this drops below .50, it could drop much lower yet (before finding a new short term bottom). I'd use .50 or .49+ as a stop-loss area based on what I'm seeing now.
It was showing nice potential the last few weeks since late June, but now it looks to be wanting to teeter the other way (downward again).

Also keep in mind this stinker is due to put out earnings possibly in about 2-3 weeks (early August), so watch out! Although it has a decent amount of cash, it could disappointing in earnings and be a negative potential catalyst.

$CLDX could eventually have a nice run in coming months at some point, but unfortunately in the shorter term it is still looking negative.

Anyhow, just calling it like I see it. I was long & wanted it to go up the past few weeks, but won't hold this thing for a (large) loss & would not want to mislead anyone following to do anything different.