In this week’s Equity Oracle, we take a look at Astex Pharmaceuticals (ASTX). This is a very affordable stock that is bouncing off of a key support level. I’ve labeled the target price around the $2.80 area. Once the stock gets to that point you would sell your shares and move to cash. We are shooting for a 43.5% return on this trade but don’t get greedy.
The video I’ve produced for you will explain the strategy in detail. Be sure to review the video before you place your order to buy the stock.
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