chinawildman
Long

butterfly knife catcher

NASDAQ:BIIB   BIOGEN INC
Stopped at the .886 PRZ of a bullish bat , but I think it can go lower. The darker green PRZ is where the reversal zone for the butterfly and bat overlap I think it visits it in the next 2 weeks. Take the plunge at 205 or wait until it makes a lower low on a higher daily RSI . Typically a butterfly target is the .382 retrace, but with earnings in a month I'll gladly take a DCB to what looks like heavy resistance at 248.
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