tomchen73
Short

$IONS would most likely drop down on 10/3 towards 46.x

NASDAQ:IONS   IONIS PHARMACEUTICALS INC
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$IONS is in distribution within a range. Not it is falling across middle BB. Given recent price pattern /movement, it is very likely to continue the drop to 100 sma on daily or 20 sma on weekly (around $46.3).
The 200 sma does not seem to interfere with price actions much.
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