ARWR gapped up on good news with and has made a very clean wedge on day 2. Volume was very low relative to day 1 but the pattern is very clean here and we are low basing on a daily support. There could be a good opportunity on the open either way this plays out. If we gap under 19 and it fails to recover above 19, I would look to short. If we gap above would also be a nice entry at 19 if we can hold.
Bought this about A year ago did a bunch of research on their drugs, platforms, etc... I believe based on all my research this could be one of the leaders in the RNA/DNA manipulation to treat diseases... the next generation of biotechs are here, select correctly and you could be sitting on the next possible Amgen/Biogen... go ARWR :)
alipipefitter
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Nailed it back in January. Used weekly. Loved the reaction to Silence selling position