michaelhlee20
Long

ANTH - Trend Analysis + Gann Fan (LONG)

NASDAQ:ANTH   ANTHERA PHARMACEUTICALS INC
Looking at a nice corrective pulse wave here.

Wait for a confirmation off the 50 day EMA .
Comment: Dropped below 50 EMA.

Testing support!
Comment: I would wait until we break 1/1 retracement on the Gann Fan before you look to take a position here.

At which point, it'll also cross the 20SMA on the BB so we'll have double confirmation of a price reversal.

Set your stop at previous low once we take this reversal
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