CHGX.CN ChitogenX Inc. (CNQ) C$0.005 18 Feb 2026: Oversold bounce signals short trade

CHGX.CN ChitogenX Inc. (CNQ) C$0.005 18 Feb 2026: Oversold bounce signals short trade

We see CHGX.CN stock trading at C$0.005 on the CNQ during regular market hours on 18 Feb 2026 after a high-volume test that looks like an oversold bounce. Volume of 120000 shares today is about 3.79x the 50-day average, suggesting short-term interest. We view this as a tactical bounce trade, not a fundamentals-driven recovery, and we connect price action to thin liquidity and recent benchmark comparisons in the biotech healthcare sector.

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