SwingBatter12

IDERA Pharmacueticals Swing Trade

NASDAQ:IDRA   Idera Pharmaceuticals, Inc
New idea IDRA is forming a ascening triangle. Starting to look similar to HOS. Think this will go up to 1.67 which is a key resistance area which is my first target point that will be a 4% return. If breaks this resistance i could see this going up to 1.8 which would be about a 12% return.
Comment: Still consolidating thinking for a bigger move up. Earning release today really didn't help this move.
Comment: Almost there with both targets. Insiders buying
Comment: Target 2 hit im out of this trade.
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