CallMeSnow

BLPH: Selling absorbed, currently in accumulation.

NASDAQ:BLPH   None
5
High volume during selling and an apparent channel has formed. Waiting on a (valid) breakout to confirm bullish move. The length of the accumulation period will (likely) heavily influence the length of the bull run...assuming it starts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.