Correvio Pharma (CORV)

[THREE-DAY-TRADER]

I would not rule out $1 as a potential target. Biotech-pharmas like this have been flying huge after major sell off periods more than usual over the past several months, but I'd prepare for anything (such as if it's just a one or two day bounce). I'd play it based on technicals progress day-by-day & intra-day going forward. Unless some solid news surfaces publicly to substantiate the movement, then I'd treat each day carefully with some skepticism & be ready to take profits when any real resistance becomes apparent (such as applying scale out of shares in increments around a short term perceived top at some point because gauging the timing of exact tops or bottoms is never easy 100% of the time by anyone)

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