NYSE:EBS   Emergent Biosolutions, Inc
Another biotech.

Does look like something gotta give soon.

This stock is not afraid to gap down, so not for the faint of heart (o: EBS can gap up as well as it can gap down. Frequent gapping can indicate volatility .


Not a recommendation.

EBS pulled back on the 2nd leg a bit past the 0.618 fib level. If this were a Gartley pattern the landing pad would be the .786. While teaching yoga for many years, I have learned you have to be flexible (o: This one pulled back a bit below the 0.618, and possibly bottomed a bit above the 0.786. I am not sure the bottom is in yet though...maybe. Remains to be seen.

Bullish falling wedge noted.

Earnings 5-20 AMC
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