$ARCT (Arcturus Therapeutics Holdings Inc) – Biotech – weekly breakout

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Updated: 15 June 2020

$ARCT (Arcturus Therapeutics Holdings Inc) is a nice biotech setup that has been basing and not has retraced and showed some relative strength. This is a weekly chart so consider going to lower time frame to see price action levels but for now the break-out area for longs is at 35.00 and stops under 31.00. This stock can move aggressively so be patient. If the momentum doesn’t start and you achieved a risk reward of 2 to 1 then you can use the stop at break-even strategy.

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