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Swing Trade Alert: Flexion Therapeutics ($FLXN) - True Edge Trading

Swing Trade Alert: Flexion Therapeutics ($FLXN)

With today’s drop in the Dow and S&P 500 (the NASDAQ is enjoying its own little party) there are plenty of stocks with great swing trade setups. One that looks particularly interesting is Flexion Therapeutics ($FLXN).

$FLXN looks poised to continue its upward trend.

$FLXN has been in a steady upward trend even since the market bottomed in late March. In fact, it’s been slowly pushing upward very consistently over the last two weeks.

With today’s drop, we now have an optimal entry into the trend. Even if yesterday’s high of $13.10 proves to be resistance, a move from today’s close to that level would still be a 10%.

Jeff Drake
True Edge Trading