As you can see this issue has broken its green uptrend to the downside. Now its all about whether or not this issue and those who look like it ( CELG
, GILD) build out bear
channels (orange) and then break to the downside once they complete a bear channel
. Later today I'll be posting more charts that look like these so stay tuned for more.
These are not recommendations. Strictly for informational purposes only. Do your own research.