CRMD - High Tight Flag - 2024-10-07

CRMD Trade Summary

Performance metrics and trade details for CRMD breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

CRMD gapped up 10% from its low following its latest earnings report, then surged over 100% before consolidating into a 6-day flag pattern, setting up for a breakout.

The initial breakout provided an excellent entry at position 1, followed by another ideal entry at position 2.

Exiting two days before the next earnings report would have secured a 60% gain from the initial position.

Before Breakout Daily

CRMD - High Tight Flag - 2024-10-07 before breakout daily

After Breakout

CRMD - High Tight Flag - 2024-10-07 after breakout