Gartley + Additional data release today

NASDAQ:ADVM   Adverum Biotechnologies, Inc
Friday, October 11, 2019

ADVM is a clinical-stage gene therapy company targeting unmet medical needs in ocular and rare diseases,

ADVM is set to present additional clinical data for the first cohort of patients (n=6) in the OPTIC phase 1 clinical trial of ADVM-022, intra-vitreal injection gene therapy in wet age-related macular degeneration (wet AMD ) at the Retina Sub-specialty Day Program of the American Academy of Ophthalmology (AAO) 2019 Annual Meeting in San Francisco, CA.

NEXT EARNING: Nov 11, 2019

MARKET CAP: $333.254 Million

Technical Analysis:

-Bullish Gartley pattern
-Fibonacci 876 retracement is an important reversal level in high volatility trades.
-Our MS Signal oscillator indicating RSI moving higher and now being a potential good time to buy for a bounce.
-MS CCI Squeeze also indicating that bulls are re-gaining control (over mid-line suggests potential squeeze incoming)

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Disclosure: I am long ADVM . I may buy or sell within the next 72 hours. This is not a recommendation to buy or sell. Please do your homework before investing.