the stock market had a rough time this year but CRSP did not! this company gained 300% when the overall market going sideways. After that massive gain the stock had to pullback and it has lost 38% so far.
Timing = 1 ( I think the market is at the top of its range so more blood could come before this stock bounces real bounce)
Volume = 1 (volume has been weak on the pullback which is good sign for bulls)
Group strength = 0 (biotech looks to be doing ok on the index)
Entry = 1 (alot of strong technical support in this area fibonacci + the 200ma + the recently completed ABCD pattern)
Fractal = 0 (a previous pullback was 45% so that might indicate there could be more downside)
Timing = 1 ( I think the market is at the top of its range so more blood could come before this stock bounces real bounce)
Volume = 1 (volume has been weak on the pullback which is good sign for bulls)
Group strength = 0 (biotech looks to be doing ok on the index)
Entry = 1 (alot of strong technical support in this area fibonacci + the 200ma + the recently completed ABCD pattern)
Fractal = 0 (a previous pullback was 45% so that might indicate there could be more downside)