Shares of $ACOG... Shares of Alpha Cognition $ACOG $ACOG.V are reaching a crucial point where a big jump in volume could send shares on a huge run.
With price action continuing along with a descending triangle pattern, the day shares will see a breakout from the pattern is getting closer and closer. At this point, the latest a breakout could occur is in the first week of February.
With shares having tested prices at $1.86 previously, I’m expecting to see a retest should $ACOG break above the pattern. At current price levels that marks a 68% gain.
I’ll be expecting news regarding the progress of the company's therapies for Alzheimers and ALS to provide the strongest bullish catalyst.
SHares of $ACOG are currently trading at $1.10 and the company is valued at an MCAP of $67.65 million.
https://www.alphacognition.com/