The analyst is taking a long position in CCXI based on upcoming catalysts.
The trade is driven by expected catalysts for CCXI.
$CCXI it’s catalyst driven trade for me.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -7.9% | -7.4% |
| 1 week | -16.7% | -16.4% |
| 1 month | -7.5% | -10.0% |
| 3 months | — | — |
| 6 months | — | — |