looks to be setting up a rounded bottom. I set a stop at the $310 mark because the is where it gapped down and made several failed attempts to recapture the up side. It finally did so with a powerful move at the end of august. I think this stock is going to get carried away with many of the other BIOTECH stocks. If you have looked at the XBI
and the IBB
recently you would have noticed the charts look good.
poking up, OBV poking up, stoch RSI
setting up for an up run. again series of higher highs and higher lows recently.
looking up, obv ok, stoch RSI
ok, on the monthly the stock has started to make a series of higher highs and higher lows